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New Deal


Announced

Completed

Maryland Addiction Recovery Center and Caron Treatment Centers to acquire Encore Recovery Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

mental health disorder

Joint Venture

United States

Majority

Friendly

Health Care Facilities

treatment solutions

Private

Completed

Single Bidder

Synopsis

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Maryland Addiction Recovery Center, the leader in long-term care for addiction and co-occurring disorders, agreed to form a new joint venture with Caron Treatment Centers, which provides life-saving addiction and behavioral healthcare rehab in several locations, with a goal to acquire Encore Recovery Solutions, an addiction treatment center for co-occurring disorders, drug abuse & more. This new partnership between MARC and Caron Treatment Centers finalizes the acquisition of Encore Recovery Solutions, following the joint management agreement of Encore announced in April. The acquisition expands both MARC’s and Caron’s strategic alliance and furthers both the organization's abilities to provide innovative and personalized treatment and recovery services, awareness initiatives, and advocacy efforts in Maryland, Washington, DC, and Northern Virginia.

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