Providence Services Corporation Announces Acquisition of Services inGeorgia
October 3, 2005 Providence Services Corporation Announces Acquisition of Services in Georgia On August 22, 2005, the Providence Service Corporation (PSC) announced that it acquired the services of AlphaCare Companies (ACC). ACC, based in Georgia, consists of the AlphaCare Resources, Inc.(ACRI) and Transitional Family Services, Inc. (TSFI), corporations. The purchase price for ACC was $4.7 million and the acquisition is expected to add approximately $3.4 million in revenue annually. TSFI operates one of the largest family preservation programs in Georgia and ACRI provides in-home and professional therapy services to help people learn effective coping strategies to . . .
