Industry Bulletins | November 9, 2022
Lee Equity Partners Acquires Addiction Treatment Provider Organization Bradford Health Services
Lee Equity Partners, LLC, a private equity firm, acquired a majority ownership stake in addiction treatment provider organization Bradford Health Services from investment firm Centre Partners. Terms of the transaction were not disclosed. Centre Partners will maintain an ongoing equity stake. Bradford Health is based in Birmingham, Alabama and has operations across the Southeastern states. It has a presence in Alabama, Tennessee, Mississippi, North Carolina, and Arkansas.
Mike Rickman, chief executive officer of Bradford Health, along with the current management and clinical teams, will continue to lead the company, and are committed to continuing the expansion of Bradford Health's . . .