Ropes & Gray Represents CRC Health Group in $1.175 Billion Sale to Acadia Healthcare
Ropes & Gray represented CRC Health Group Inc. in its planned $1.175 billion acquisition by Acadia Healthcare announced Oct. 29. CRC is a California-based substance abuse treatment provider operating 120 facilities dedicated to the service of approximately 40,000 patients each day. The deal is scheduled to be completed in the first quarter of 2015.
The Ropes & Gray team was led by private equity partners William Shields and Michael Roh and finance partner Michael Lee.