It's that time of the year when the data providers release their deals data and, er, business journalists construct stories out of the information.
So, Reuters are running the line that "global M&A activity fell to a 3-year low in 2020" amid the pandemic. Below is the link:..
It took fourteen stories but Betaville got there in the end.
Yes, Acadia Healthcare, the US-listed healthcare firm, has finally confirmed the Betaville Intelligence series of articles about the sale of the Priory, including the last installment about Waterland and Median Kliniken's interest in purchasing the rehabilitation centre well known for treating celebrities, such as Kate Moss...
Acadia Healthcare, the US-listed healthcare company has attracted interest in its UK-based the Priory division from Median, the largest operator of rehabilitation clinics in Germany.
People following the situation said they have heard Median, which is backed by Dutch private equity company Waterland, is seriously studying an acquisition of the Priory...
It took a couple of months but American healthcare giant Acadia Healthcare has finally confirmed Betaville's scoop over the summer about the company re-starting the £1 billion sale process of the Priory Group, which is well known for treating celebs like supermodel Kate Moss...
The Kleinmanator over at Sky News has just dug out a rather good angle on Acadia Healthcare's sale of Priory Group, the rehab centre well-known for treating British celebrities, such as Kate Moss.
According to Mark's report, Schoen Klinik, which is owned by Carlyle, is among a group of potential acquirers interested in buying the Priory Group for £1.2 billion. Below is a link to his piece:..
Another day, another confirmation for little old Betaville.
This time Debbie Osteen, the new (ish) chief executive of American firm Acadia Healthcare, confirmed last night on the record that the company has formally begun a "strategic review" of The Priory Group, the rehab centre well-known for treating British celebs, such as Kate Moss.
Below is a link to the Nashville Business Journal, which captured the on-the-record quotes from Osteen:..
Acadia Healthcare, the US-listed behavioural health and addiction services company, is said to be in the early stages of weighing a sale of the The Priory Group, the British mental health care firm.
A person familiar with the situation said Acadia Healthcare has now appointed a financial adviser to weigh a sale of the The Priory although this person declined to identify the firm mandated to carry out the strategic review...
On the cusp of the New Year Betaville thought looking backwards might be useful excercise to figure out what 2019 holds, especially for those bankers, lawyers and investors looking to get involved in dealmaking next year.
One thing that struck Betaville was the amount of attempted leveraged buy-outs of public companies, in particular UK-listed businesses, that failed to make it over the finishing line...
There hasn't been much of a market reaction to Dealreporter's latest twist on the Acadia Healthcare buy-out.
The news/intelligence agency, which a long time ago Betaville worked for prior to my days at The Daily Telegraph, claimed over the weekend that KKR is still in talks with Acadia Healthcare despite reports to the contrary...
Josh Kosman over at the New York Post landed a great scoop on the Acadia Healthcare / KKR tale I broke a few weeks ago. It's well worth a read if you are following the situation, so I have pasted the link below:
https://nypost.com/2018/10/31/kkr-is-close-to-buying-addiction-treatment-chain/..
Betaville notes Reuters just published an "exclusive" about Acadia Healthcare weighing a sale after receiving expressions of interest from private equity firms, such as KKR and TPG Capital. Below is a link:..
The mystery buyer circling Acadia Healthcare, the US listed rehab treatment group, is said to be American private equity giant KKR.
Sources claiming to be familiar with the matter said KKR may have already approached Acadia Healthcare about a takeover deal.
These sources claiming to be familiar with the matter said KKR is being advised by Goldman Sachs and could be willing to pay up to $48 a share...