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Coker Capital Advisors Advises McCallum Place Eating Disorder Centers in its Sale to Acadia Healthcare

Charlotte, NC/Atlanta, GA – Coker Capital Advisors announced today that McCallum Group, Inc. and its affiliates (“McCallum Place”) has been acquired by Acadia Healthcare Company, Inc. (NASDAQ:ACHC) (“Acadia”).  Based in St. Louis, Missouri, McCallum Place is a nationally-recognized, premier provider of eating disorder treatment services.  Coker Capital Advisors acted as the exclusive financial advisor to McCallum Place in this transaction.  Terms of the transaction were not disclosed.

“We were delighted with our decision to hire Coker Capital as our investment bankers,” said Dr. Kimberli McCallum, Chief Executive Officer, Medical Director, and Founder of McCallum Place.  “Their understanding of the behavioral healthcare marketplace and their ability to predict buyer behavior allowed us to exceed our expectations for the transaction, both in terms of value and strategic fit.  We are so pleased to have aligned our business with Acadia, a platform that will support our growth and continued dedication to our patients.”

About McCallum Place  

McCallum Place provides innovative, evidence-based treatment of eating disorders through its multiple facilities located in St. Louis, Missouri and Austin, Texas.  It treats all patient types, including men, women, adolescents, and preadolescents, while also offering specialty programs for specific subsets of the patient population, such as Olympic and collegiate athletes.  McCallum Place provides its patients with a vertically integrated treatment model, including care in the 24-hour residential facility, partial hospitalization, transitional living, intensive outpatient, and outpatient settings.  All treatment settings are first-class facilities designed to feel home-like while still having the necessary resources to provide high-level medical care. 

About Acadia Healthcare

Acadia is a provider of inpatient behavioral healthcare services.  Acadia operates a network of 76 behavioral healthcare facilities with more than 5,600 licensed beds in 24 states, the United Kingdom, and Puerto Rico.  Acadia provides 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.  Shares of Acadia’s common stock trade on the NASDAQ Global Stock Market under the symbol, “ACHC.”

About Coker Capital Advisors

Coker Capital Advisors is a healthcare-focused investment bank offering mergers and acquisitions, capital raising, and other strategic advisory services to privately and publicly owned middle market healthcare companies. The firm’s website is www.cokercapital.com.