Cinven sells healthcare company in disappointing exit

Acadia healthcare to buy Partnerships in Care from Cinven

Acadia Healthcare Company, a Waud Capital Partners-backed provider of inpatient behavioural health care services, has acquired UK peer Partnerships in Care from UK firm Cinven for about $660 million, according to a news release.

The sale marks a disappointing exit for Cinven, which bought Partnerships in Care in 2005 for €552 million.

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