M&A Deal Summary

Summit Behavioral Healthcare Acquires Victory Addiction Recovery Center

On August 8, 2014, Summit Behavioral Healthcare acquired healthcare services company Victory Addiction Recovery Center

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

M&A Deal Summary

Date 2014-08-08
Target Victory Addiction Recovery Center
Sector Healthcare Services
Buyer(s) Summit Behavioral Healthcare
Deal Type Add-on Acquisition

Target

Victory Addiction Recovery Center

Lafayette, Louisiana, United States
Victory Addiction Recovery Center LLC is a residential treatment facility located in Lafayette, LA, is a freestanding addictions treatment center serving adults.

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Buyer(S) 1

Buyer

Summit Behavioral Healthcare

Franklin, Tennessee, United States

Category Company
Founded 2013
Sector Healthcare Services
DESCRIPTION

Summit Behavioral Healthcare provides substance use disorder and acute psychiatric care at 24 facilities across 16 states. Summit Behavioral Healthcare was founded in 2013 and is based in Franklin, Tennessee.


DEAL STATS #
Overall 2 of 17
Sector (Healthcare Services) 2 of 17
Type (Add-on Acquisition) 2 of 16
State (Louisiana) 1 of 1
Country (United States) 2 of 17
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-23 Focus Healthcare of California

Sacramento, California, United States

Focus Healthcare of California, Inc. a 48-bed residential treatment facility located in Sacramento, CA, is a freestanding addictions treatment center serving adults.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-27 The Ranch at Dove Tree

Lubbock, Texas, United States

The Ranch at Dove Tree is focused on addiction and behavioral health providing comprehensive treatment with recovery resiliency services. The Ranch at Dove Tree specializes in alcohol and drug addiction with co-occurring issues such as depression, anxiety, disordered eating and trauma, and provides a full continuum of care including detoxification, collegiate residential treatment, adult residential treatment, collegiate transitional living and outpatient programs.

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