Patient Square Capital Purchases Summit BHC

On September 9, 2021, Summit BHC, which provides behavioral health and addiction treatment services, signed a definitive agreement under which Patient Square Capital will acquire Summit BHC from FFL Partners and Lee Equity Partners. Financial terms, and the closing date, of the private transaction have not been disclosed.

Summit BHC is based in Franklin, Tennessee, and operates a network of behavioral health hospitals and addiction treatment centers throughout the country. The company’s primary focus is on psychiatric and addiction disorder treatment within a continuum of care. The leadership team at Summit is composed of senior executives with decades of . . .