Acadia Healthcare has acquired 17 inpatient behavioural health facilities with 500 beds in the UK and US for $145m.

Acadia acquired behavioural health operations of Care UK that comprise 15 inpatient facilities with 300 beds. The acquired facilities provide behavioural health services to children, adolescents and adults.

The firm also purchased the 42-bed inpatient behavioural health facility from Choice Lifestyles in the UK.

"Acadia operates 224 behavioural health facilities with 9,000 beds in 37 states in the US, the UK and Puerto Rico."

In the US, Acadia entered an asset purchase agreement with Belmont Behavioural Health to acquire a 147-bed inpatient behavioural health facility that provides services in the greater Philadelphia area of Pennsylvania.

The Belmont purchase is expected to be completed in the next month.

Acadia Healthcare chairman Joey Jacobs said: "These acquisitions are consistent with our growth strategies and reflect growing demand for behavioral health services in both the US and the UK.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"The capital we raised from the May equity offering is being put to use quickly and effectively, as we anticipated.

"As a result of the transactions, all of which are expected to be accretive to our financial results, we now operate 45 inpatient facilities with approximately 1,800 beds in the UK."

Acadia operates 224 behavioural health facilities with 9,000 beds in 37 states in the US, the UK and Puerto Rico.

The firm offers psychiatric and chemical dependency services to patients in different settings, including inpatient psychiatric hospitals, residential treatment centres, outpatient clinics and therapeutic school-based programmes.