Current Investment-FUND II
Acquisition date: July 1, 2011
Disposition date: Current Holding
Healthcare for individuals dealing with substance abuse, mental and behavioral issues
Pyramid Healthcare, Inc. ("Pyramid") offers treatment and care to people who are dealing with alcohol and/or other drug addiction, mental health disorders and adolescent behavioral problems. Pyramid's residential and outpatient programs help the individual learn and practice recovery and coping skills.
Pyramid is headquartered in Altoona, PA with more than 80 treatment facilities. Facilities include residential drug and alcohol treatment for adults and adolescents, outpatient offices, therapeutic schools, methadone clinics, a group home and a school for autistic children.
The transaction closed on July 1, 2011. Along with management, Clearview invested equity from Clearview Capital Fund II, LP. Senior and subordinated debt was provided by Northstar Capital and Brookside Mezzanine Partners.
Add-on Acquisitions Completed:
October Road, Inc.
Provider of a complete continuum of outpatient mental health and substance abuse services to adults and adolescents using creative, evidence-based practices
High Focus Centers, Inc.
Largest provider of structured outpatient substance abuse and psychiatric treatment programs serving adults, adolescents and their families in New Jersey
Onward Behavioral Health, Inc. d.b.a. Rehab After Work
One of the largest providers of outpatient mental health and substance abuse treatment to adults and adolescents throughout the Delaware Valley area, with centers in Pennsylvania and New Jersey
Residential treatment program for adults suffering from addiction
Real Recovery of Asheville, Inc.
Provider of sober living residences and intensive outpatient treatment
Mazzitti & Sullivan Counseling Services, Inc.
Provider of intensive and general outpatient substance abuse therapy services
Quest Services, Inc.
Provider of outpatient substance abuse treatment in Central Pennsylvania