Acadia Healthcare Company, Inc. (NasdaqGS:ACHC) acquired CenterPointe Behavioral Health System LLC on December 31, 2021. Acadia funded the acquisition through a combination of cash on hand and borrowings of $70 million under the Company's revolving credit facility. The dedicated clinical staff associated with CenterPointe will join Acadia. Acadia expects this transaction to be immediately accretive to its financial results. Whit Knier, Michael Mahoney and Josh Bruner of Harris Williams LLC acted as financial advisor and Bass, Berry & Sims PLC acted as legal advisor to CenterPointe Behavioral Health System.

Acadia Healthcare Company, Inc. (NasdaqGS:ACHC) completed the acquisition of CenterPointe Behavioral Health System LLC for approximately $140 million on December 31, 2021.