Current Investment-FUND II
Acquisition date: July 1, 2011
Disposition date: Current Holding
Diversified provider of behavioral health services, including substance use disorder and mental health treatment
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 use disorder services to adults and adolescents using creative, evidence-based practices.
American Day Treatment Centers, LLC d.b.a. High Focus Centers
Largest provider of structured outpatient substance use disorder 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 use disorder 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 use disorder therapy services.
Quest Services, Inc.
Provider of outpatient substance use disorder treatment in Central Pennsylvania.
Meadow Haven Recovery Services, LLC d.b.a. Tapestry Eating Disorder Services of Western North Carolina
Residential eating disorder recovery program for individuals suffering from anorexia, bulimia, binge eating and other eating disorders.
Charlotte Hall, MD
Provider of residential and outpatient treatment programs for patients suffering with substance use disorders.
Provider of detoxification services for patients with substance use disorders.