Acadia Healthcare Company, Inc. has announced it will acquire Behavioral Centers of America, LLC and AmiCare Behavioral Centers.
Acadia Healthcare is a provider of inpatient behavioral healthcare services headquartered in Tennessee. The two acquisitions will bring to the company eight inpatient psychiatric facilities with approximately 600 beds. According to Acadia's website, the company operates a network of 34 behavioral health facilities with approximately 2,500 licensed beds in 20 states.
Acadia will purchase Tennessee-based Behavioral Centers of America (BCA) for $145 million in cash. BCA operates three inpatient psychiatric facilities and one psychiatric hospital within a hospital located in Ohio, Michigan and Texas. The facilities have 278 licensed inpatient beds.
Acadia will acquire Arkansas-based AmiCare Behavioral Centers for $113 million in cash. AmiCare operates four inpatient psychiatric facilities in Arkansas that have 330 licensed inpatient beds.
Acadia expects to complete both transactions in late December 2012.