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Announced

Completed

Clearview Capital-backed Community Medical Services completed the acquisition of Restorative Health and Recovery.

Financials

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

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Friendly

United States

Private

Completed

physical health services

Health Care Services

Private Equity

Acquisition

Majority

mental health services

Single Bidder

Synopsis

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Clearview Capital-backed Community Medical Services, a provider of medication-assisted treatment programs for patients suffering from opioid use disorder, completed the acquisition of Restorative Health and Recovery, an office-based opioid treatment provider. Financial terms were not disclosed. “We are excited about the addition of RHR to the CMS platform. First, it expands our presence in Ohio, a state that has been ravaged by the opioid epidemic. Secondly, it allows us to explore the OBOT model as another solution for patients suffering from OUD. We have the opportunity to expand this model to other markets within our footprint to provide care for individuals we may not otherwise reach with our current system,” Nick Stavros, CMS CEO.

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