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New Deal


Announced

Completed

VSS and NewSpring completed the investment in BRC Recovery.

Financials

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

Tags

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Private

Completed

Private Equity

United States

treatment of addictions

Majority

Friendly

Health Care Facilities

Acquisition

Single Bidder

Mbo

Synopsis

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Private investment firms Veronis Suhler Stevenson and NewSpring Health Capital completed the investment in BRC Recovery, a provider of addiction treatment services. Financial terms were not disclosed. "BRC has an excellent reputation for its outstanding treatment programs, talented staff and its ability to generate consistently positive patient outcomes. Together with NewSpring, we look forward to empowering BRC with the resources it needs to advance its high-quality continuum of care and pursue potential acquisitions of complementary programs in communities where demand for established behavioral health programs continues to grow," Jeffrey Stevenson, VSS Managing Partner.

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