M&A Deal Summary

Newport Healthcare Acquires PrairieCare

On November 30, 2022, Newport Healthcare acquired healthcare services company PrairieCare

Acquisition Highlights
  • This is Newport Healthcare’s 1st transaction in the Healthcare Services sector.
  • This is Newport Healthcare’s 2nd transaction in the United States.
  • This is Newport Healthcare’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2022-11-30
Target PrairieCare
Sector Healthcare Services
Buyer(s) Newport Healthcare
Deal Type Add-on Acquisition

Target

PrairieCare

Brooklyn Park, Minnesota, United States
PrairieCare offers psychiatric services for all ages, including free mental health screenings, clinic services, an inpatient psychiatric hospital, intensive outpatient programs (IOPs), partial hospitalization programs (PHPs), and residential services. PrairieCare is based in Brooklyn Park, Minnesota.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Newport Healthcare

Nashville, Tennessee, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Newport Healthcare is a provider of evidence-based healing centers for teens, young adults, and families struggling with mental health issues, eating disorders, and substance abuse. Newport Healthcare is based in Nashville, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-11 Gray Wolf Ranch

Port Townsend, Washington, United States

Gray Wolf Ranch is a provider of residential and experiential treatment facility providing a transformative experience for young males suffering from substance use and other co-occurring disorders. Gray Wolf Ranch was founded in 1996 and is based in Port Townsend, Washington.

Buy -