Acadia Announces Definitive Agreement To Purchase 85-Bed Inpatient Psychiatric Facility In Florida

Circle Connections: Mergers & Acquisitions Acadia Healthcare Company, Inc. announced that it has signed a definitive agreement for the purchase of The Refuge, a Healing Place, an inpatient psychiatric facility near Ocala, Florida licensed for 85 beds. The Company expects to complete the purchase of the facility, which produced revenues for 2012 of approximately $10 million, during the third quarter of 2013, subject to normal closing conditions. This was reported by Acadia Healthcare Company, Inc. on June 20, 2013. Contact information: Brent Turner, President, Acadia Healthcare Company, Inc., 830 Crescent Centre Drive, Suite 610, Franklin, TN 37067; 615-861-6000 . . .