Serenity Acres Treatment Center was acquired by Meridian Behavioral Health, a portfolio company of Audax Private Equity (Press Release). The Braff Group originated the transaction and served as the exclusive mergers and acquisitions advisor to Serenity Acres.
“From a mergers and acquisitions perspective, residential addiction treatment providers continue to draw interest from private equity sponsors. Moreover, based upon proprietary data collected and analyzed by The Braff Group, such activity has propelled the sector to five consecutive years of record breaking transaction volume with 2016 on pace to make it six years in a row.”
Ted Jordan, Managing Director for Behavioral Health that headed up the deal team representing Serenity Acres
For more details, please contact our Behavioral Health team:
Deirdre Stewart
Director of Research & Development
Phone: 412-833-1355
Email: dstewart@thebraffgroup.com