Behavioral Health Care M&A Recap 2015

Behavioral Health Care M&A Recap 2015

Behavioral health is a growing national concern, finally, and investors are responding to the growing public attention. Mergers and acquisitions in this healthcare sector rose more than 46% last year, to more than 40 transactions. The two publicly traded, pure-play companies in this area, AAC Holdings (NYSE: AAC) and Acadia Healthcare Company (NASDAQ: ACHC), lead the list of acquirers (six and five announced deals, respectively). Private equity firms were also active acquirers, including Kohlberg & Company, Revelstoke Capital Partners, Flexpoint Ford, Vestar Capital Partners and Shore Point Partners. Many PE portfolio companies have been building behavioral health care... Read More »

Shryver Medical and Revelstoke Capital Double Down in Texas

Schryver Medical LLC, a portfolio company of Revelstoke Capital Partners, announced two acquisitions in Texas in late December. Community Portable X-Ray, Inc., as its name implies, provides mobile x-ray and other imaging services to long-term health care facilities, home care, psychiatric hospitals, industrial sites, dialysis centers and athletic teams. Besides its base in Plano, it also has operations in Fort Worth, Houston and San Antonio. The second acquisition is a combination of MetroStat Clinical Laboratory Inc. and MetroStat Diagnostic Services (collectively, MetroStat). MetroStat provides digital ultrasound and EKG teleradiology equipment that allow its technologists to obtain the... Read More »

Behavioral Health Care M&A in 2015

It’s only mid-September, but the number of behavioral health care transactions is approaching last year’s total—and is likely to surpass it. Through September 11, we’ve recorded 21 deals in this sector, compared with 2014’s total of 22, which was the highest number of deals since 2006’s total of 24 transactions. American Addiction Centers (NYSE: AAC) and Acadia Healthcare Company (NASDAQ: ACHC) made four deals apiece, and six private equity firms, including Flexpoint Ford, Kohlberg and Company and Revelstoke Capital Partners, made one acquisition apiece. YearTotal DealsTotal Dollars 2015*21$474 million 201422$2.2 billion 201318$136 million 201217$1.0 billion 201114$314 million * through... Read More »