PE-backed Perimeter Healthcare buys WoodRidge Behavioral Care
Perimeter Healthcare, a portfolio company of Ridgemont Equity Partners, has acquired WoodRidge Behavioral Care. Financial terms weren’t announced. The deal includes WoodRidge’s five psychiatric residential treatment facilities and three acute hospital programs serving adolescent and geriatric patients from locations in Tennessee, Arkansas and Missouri. Financing was provided by BMO Sponsor Finance and Pinnacle Bank. McGuireWoods LLP served as legal counsel to Ridgemont. Harpeth Capital and Bone McAllester Norton PLLC served as financial advisor and legal counsel to WoodRidge.
15 September 2016•3 mins read
