Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives.Centre’s Bradford Health Services Purchases Cornerstone of Recovery SeptemAir Pros USA Buys Airforce Heating and Air JBullhorn Acquires SourceBreaker JBregal Sagemount Invests in Optima JClearlake Promotes Senior Employees JGradiant Buys WaterPark Environment Corp JWindRose Health Investors Acquires Ganse JAlbert Lea Seed House Buys Blue River Organic Seed JDH Acquires Nyhus Communications JAllied Purchases Radiation Safety & Control Services JPNAC Hires New Chief Operating Officer JMessageMedia Acquires Smooth Messenger JFundamental Global Purchases Shares of FGF JFundamental Global Buys Shares of Ballantyne Strong JTy J. Centre Partners seeks to partner with founders, families, entrepreneurs and management teams to build exceptional businesses. For more information, call 1-86 or visit .įounded in 1986, Centre Partners is a leading middle-market private equity firm focused on the consumer and healthcare sectors, with offices in New York and Los Angeles. With services ranging from medically supervised detox, inpatient treatment for a broad cross-section of clients to outpatient programs and sober living support, Cornerstone combines both traditional methods and evidence-based psychotherapeutic tools to fulfill our primary mission: to save lives, families, and jobs by providing hope, healing, and recovery for those impacted by the disease of addiction. For more information, visit .įounded in 1989, Cornerstone of Recovery has grown into one of the largest residential drug and alcohol treatment centers in the state of Tennessee. Bradford's 24-hour crisis center is available by calling 1-888-SOBER-40 (88). Drawing from best-in-class medical and clinical research, Bradford's experienced staff tailors every treatment plan to the individual patient, resulting in industry leading patient outcomes. With locations across the Southeast, Bradford offers affordable, clinically proven programs at all levels of care, including residential, inpatient, extended care, and outpatient services. "With this new partnership, we look forward to furthering this mission, drawing on new resources and opportunities under the Bradford umbrella to continue to provide comprehensive, affordable, and effective treatment for those in need."įor more information, visit īradford Health Services has been successfully treating alcohol and drug addiction for more than 40 years. "Whether we're serving patients from Tennessee or from across the country, our mission has always been the same: to save lives, families, and jobs by providing hope, healing, and recovery for those impacted by the disease of addiction," said Cornerstone of Recovery Chief Executive Officer Steve McGrew. The combined company will offer programming and support services through over 25 facilities across Alabama, Arkansas, North Carolina, and Tennessee. The acquisition strengthens both Bradford's and Cornerstone's position in the addiction treatment industry, expanding in-network access to care and providing unparalleled treatment opportunities for patients, families, and referring providers across a full continuum of care. We are excited to combine our collective knowledge and experience to provide even greater access to the best care in the industry." "This partnership brings together two teams that share a passion for supporting recovery. "We are proud to add an organization as well respected as Cornerstone of Recovery to the Bradford portfolio," said Mike Rickman, President and Chief Executive Officer of Bradford Health Services. The company operates two Knoxville-area inpatient facilities, Cornerstone of Recovery and Stepping Stone to Recovery, offering a full spectrum of clinical treatment options for people recovering from addiction. 7, 2021 /PRNewswire/ - Bradford Health Services, the Southeast's largest provider of addiction treatment programs, today announced the acquisition of Cornerstone of Recovery, a Tennessee-based substance use disorder treatment provider. Bradford Health Services is backed by Centre Partners, a leading middle-market private equity firm focused on the consumer and healthcare sectors.įounded in 1989, Cornerstone of Recovery is one of the largest providers of drug and alcohol recovery programs in Tennessee.
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