The out-of-state owner-operator of two Colorado mental health facilities is for sale, PE Hub reports.a report on PE Hub said.
Tennessee-based Summit Behavioral Healthcare debuted 92-bed Johnstown Heights Behavioral Health in May in a building it bought for $29.25 million in December. In January 2020 Summit BHC purchased 112-bed Peak View Behavioral Health in Colorado Springs.
Summit owns two dozen similar hospitals in the U.S. and is owned by private equity firms Lee Equity Partners in New York and San Francisco-based FFL Partners, formerly Friedman, Fleischer & Lowe. Read more.