16/03/2011 16:22:00

Acadia Healthcare Announces Expansion of Management Team, Adds Joey Jacobs as CEO

Waud Capital Partners (“WCP”) today announced the expansion of the

management team at its portfolio company, Acadia Healthcare Company

(“Acadia” or the “Company”), with the appointment of veteran behavioral

healthcare executive Joey Jacobs as Chief Executive Officer.

Acadia was formed by WCP in 2005 to acquire, develop and operate a

national network of behavioral healthcare facilities.

“We are excited that Joey Jacobs and his senior management team have

joined Acadia to lead the next chapter of its growth and are fortunate

to have the opportunity to partner with a team of this caliber,” said

Chuck Edwards, Principal at WCP. “We believe their decision to join

Acadia recognizes the quality of the platform developed by the existing

team and evidences the promise that lies ahead for the Company.”

Mr. Jacobs and the management team join Acadia from Psychiatric

Solutions, Inc. Joining Acadia with Mr. Jacobs are Brent Turner, who

will serve as Co-President alongside former Acadia CEO Trey Carter; Ron

Fincher, Chief Operating Officer; Jack Polson, Chief Financial Officer;

and Chris Howard, who will serve as General Counsel. Karen Prince,

former Acadia COO, will become the President of the Eastern Division.

“I am eager to continue building upon Acadia’s history of success

providing high quality behavioral healthcare services to patients and

their families, and I am fortunate to be surrounded by an exceptional

management team with proven success in the industry,” said Joey Jacobs,

CEO of Acadia.

Trey Carter, Co-President of Acadia, said, “I look forward to working

with Joey Jacobs and his team in managing Acadia’s next stage of growth.

I am certain that, together with our employees, we will continue to

build upon the Company’s strong foundation.”

“The expansion of Acadia’s management team exemplifies WCP’s investment

style of partnering with highly experienced senior executives to build

industry-leading companies. We are confident that Joey and his team will

build upon the standard of excellence Trey Carter established during his

tenure as CEO of Acadia,” said Reeve Waud, Managing Partner of WCP.

About Acadia Healthcare Company

Headquartered in Nashville, Acadia was established in December 2005 to

acquire, develop and operate a network of behavioral healthcare

facilities across the country. Acadia provides premier 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.

For additional information on Acadia Healthcare Company, visit the

Company’s website at www.acadiahealthcare.com.

About Waud Capital Partners

Waud Capital Partners is a private equity investment firm founded in

1993 that partners with exceptional management teams to invest in middle

market growth equity investments, buyouts, industry consolidations and

recapitalizations. The firm seeks to invest $10 million to $100 million

in private companies in the following four areas: healthcare services,

business and consumer services, specialty distribution and value-added

industrial businesses. Typically, the companies in which WCP invests

have enterprise values between $30 million and $300 million. The firm

has completed more than 100 acquisitions since its founding and

currently has approximately $1 billion of capital under management.

For additional information on Waud Capital Partners, visit the firm’s

website at www.waudcapital.com.

Waud Capital Partners

Chuck Edwards, 312-676-8400

Principal

cedwards@waudcapital.com

or

BackBay

Communications

Kelly Holman, 212-209-3844

Director

kelly.holman@backbaycommunications.com

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
03 Sep
CHR
Goodwrench, få dig dog et liv istedet for at blande dig i alle tråde her på siden. Du har jo ikke no..
26
01 Sep
7-ST.L-24-GB
Søde venner. Mon Ami's!   I svære tider skal sjælen sankes, sårene slikkes og ego'et poleres af. Det..
21
30 Aug
OMXC20
20
04 Sep
OMXC20
Normal 0 21 false false false DA X-NONE X-NONE ..
13
00:31
GEN
Goodwrench my Favourite Medieval Jester....   Dans din vildeste dans for os - altimens du fortæller ..
11
04 Sep
I:SP500
du er faktisk dummere at høre på end marc55 og baronen .. og Cannes fra Dydfrankrig   og det er ikke..
11
31 Aug
FING-B
Kære Wiseguy, Solo, ready, Netzoom og alle jer andre ægte interesserede  fing-ejere. Kunne I ikke ov..
11
03 Sep
FING-B
swift- nej godt ser det ikke ud. LC ringede i sin tid til mig, og anbefalede varmt at sælge mine FPC..
10
03 Sep
 
Nu er hun svensker, men hvad er det egentlig der er så skidt med en thaikvinde.   Jeg synes da de fl..
10
04 Sep
FING-B
Cadian /Paribas har sandsynligvis anonyme depoter i den række af banker, der har skilt sig ud med st..
9

Form 8.3 - Royal Dutch Shell Plc

04/09/2015 15:25:30
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE ..

Form 8.3 - Innovation Group Plc

04/09/2015 13:57:52
Opening Position Disclosure                                                                                FORM 8.3   PUBLIC OPENING POSI..

HSBC Bank Plc : Form 8.5 (EPT/RI) - INNOVATION GROUP PLC

04/09/2015 10:26:49
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
JZ CAPITAL PARTNERS LTD - Publication of Prospectus and Separate ZDP Circular
2
Maurel & Prom : Force majeure situation: Interruption of the flow of crude oil on the 12''pipeline in Gabon
3
O-I COO and Acting CFO to Present at the 28th Annual Credit Suisse Basic Materials Conference
4
U.S. FDA Grants Priority Review for Daratumumab for Double Refractory Multiple Myeloma
5
XP POWER LTD - Holding(s) in Company

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2015   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
05 September 2015 13:14:16
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20150903.1 - EUROWEB7 - 2015-09-05 14:14:16 - 2015-09-05 13:14:16 - 1000 - Website: OKAY