Bradford Health Services announced on July 2 the acquisition of three Texas-based programs: The Last Resort Recovery Center, Crestone Wellness and The Chapter House. The acquisition expands Bradford’s footprint across Central and North Texas.
Headquartered in Smithville, Texas, The Last Resort Recovery Center offers comprehensive addiction treatment for men on a secluded 55-acre Central Texas ranch. Its men’s-only program provides the full continuum of care including detox, residential treatment and outpatient services for substance abuse and dual diagnosis conditions.
Crestone Wellness is a drug rehab in Taylor, Texas offering comprehensive addiction treatment services including detox, residential care and aftercare programs for both men and women. The company specializes in the earliest stages of addiction recovery, from alcohol and drugs such as fentanyl, heroin, cocaine, meth and others.
The Chapter House, based in the Dallas-Fort Worth area, delivers an extended care and sober living program designed specifically for men transitioning from primary treatment.
Bradford Health Services provides early intervention services, crisis response, intensive outpatient care, partial hospitalization and residential care, inpatient detox and transitional living and life skills programming through a coordinated network of 40 facilities throughout the Southeast. Bradford Health Services was acquired by private equity firm Lee Equity Partners from Centre Partners in October 2022.
Legal counsel for the transaction was led by Burr Forman LLP, who provided critical support throughout the diligence and closing process. Financial terms of the deal were not disclosed.
This transaction follows Bradford Health’s previous acquisitions of Lakeview Health, Stepping Stones for Recovery and Koru Spring, all of which were officially integrated into Bradford Health in October 2024. The company also acquired Vertava Health of Mississippi in November 2023.
According to data captured in the LevinPro HC database, this transaction marks the 57th Behavioral Health Care transaction to be announced since the start of 2025, and the ninth in the substance use disorder treatment specialty. There were 17 substance use disorder treatment acquisitions announced in 2024.
