FRANKLIN, Tenn.--(BUSINESS WIRE)--Aug. 10, 2015--
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (the “Company”) today
announced the commencement of an underwritten offering of 5,033,230
shares of its common stock, par value $0.01 (the “Common Stock”), by
investment funds affiliated with Waud Capital Partners, L.L.C.,
investment funds affiliated with Bain Capital Investors, LLC, and
certain current and former officers and directors of the Company. The
Company will not receive any proceeds from the offering.
UBS Investment Bank is acting as the underwriter of the offering.
An automatic shelf registration statement relating to Common Stock to be
sold in the offering was filed with the Securities and Exchange
Commission (“SEC”) on June 9, 2014 and became effective upon filing. The
offering of the Common Stock is being made only by means of a prospectus
supplement and accompanying prospectus. You may obtain these documents
for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, the prospectus supplement and accompanying prospectus may
be obtained by contacting UBS Securities LLC, Attention: Prospectus
Department, 1285 Avenue of the Americas, New York, NY 10019 or by
telephone at 1-888-827-7275.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
This press release contains forward-looking statements. Generally words
such as “may,” “will,” “should,” “could,” “anticipate,” “expect,”
“intend,” “estimate,” “plan,” “continue,” and “believe” or the negative
of or other variation on these and other similar expressions identify
forward-looking statements. These forward-looking statements are made
only as of the date of this news release. We do not undertake to update
or revise the forward-looking statements, whether as a result of new
information, future events or otherwise. Forward-looking statements are
based on current expectations and involve risks and uncertainties and
our future results could differ significantly from those expressed or
implied by our forward-looking statements.
Acadia is a provider of inpatient behavioral healthcare services. Acadia
operates a network of 225 behavioral healthcare facilities with
approximately 9,200 beds in 37 states, the United Kingdom and Puerto
Rico. Acadia provides psychiatric and chemical dependency services to
its patients in a variety of settings, including inpatient psychiatric
hospitals, residential treatment centers, outpatient clinics and
therapeutic school-based programs.
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Source: Acadia Healthcare Company, Inc.
Acadia Healthcare Company, Inc.
Brent Turner, President,