Revelstoke Capital Partners & CDPQ Recapitalize Crossroads Treatment Centers

Revelstoke Capital Partners (Revelstoke), a private equity firm, and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, invested in Crossroads Treatment Centers (Crossroads) to recapitalize an affiliate. Revelstoke initially invested in Crossroads in December 2014.

Crossroads was founded in 2007 in Greenville, South Carolina to provide addiction and mental health treatment. It now has 115 treatment locations across 10 states, and serves more than 26,000 people. Its service line includes medication-assisted treatment (MAT), 24/7 access to care, in-person visits, telehealth, measurement-based care, laboratory services, and intensive care coordination . . .