Announced
Completed
Financials
Tags
medical treatment
Domestic
Health Care Facilities
United States
Acquisition
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Lee Equity Partners, a middle market private equity firm, completed the acquisition of a majority stake in Bradford Health Services, a substance use disorder treatment provider, from Centre Partners, a private equity firm. Financial terms were not disclosed. "We are excited to partner with Mike Rickman and his talented team at Bradford Health to provide much needed SUD care to communities throughout the Southeast" said Lee Equity Principal, Christian Chauvet. "We believe that the Company is well positioned for the future and will accelerate its growth trajectory while continuing to deliver high quality patient care," Mark Gormley, Lee Equity Partner.
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