HCP & Company Sells Polaris Hospital Holdings, LLC To Acadia Healthcare Company, Inc.

HCP & Company (HCP) executed the sale of Polaris Hospital Holdings, LLC, based in Nevada, and its wholly-owned subsidiary TrustPoint Hospital of Murfreesboro, based in Tennessee, to Acadia Healthcare Company, Inc. effective May 1. This exit culminates HCP’s support and partnership with all material Polaris Hospital entities, which provided HPE II, LP limited partners a deal return of over 4x of invested capital and representing an IRR of over 50%. Terms of the transaction were not disclosed. Polaris Hospital Holdings and HCP & Company were exclusively advised by Cain Brothers & Company LLC, led by Todd Rudsenske, and . . .