Lee Equity Partners, a growth oriented middle-market PE firm, announced that it acquired a majority ownership interest in Bradford Health Services. Lee Equity bought Bradford Health from Centre Partners and certain other investors, with Centre Partners maintaining an ongoing equity stake.
Based in Birmingham, AL, Bradford Health is a substance use disorder treatment provider in the Southeast. The company has a 40+ year operating history in its core geographies and is an early pioneer in value-based behavioral healthcare reimbursement, according to a press release. Bradford Health has a market presence in Alabama, Tennessee, Mississippi, North Carolina, and Arkansas. Read more.
