Trinity Hunt in the News

Trinity Hunt Partners Announces Majority Investment In Lakeview Health January 02, 2013

Acquisition Marks Trinity Hunt’s Third Investment in the Residential Behavioral Health Industry

Trinity Hunt Partners (“THP”), a leading middle market private equity firm, today announced the completion of its majority investment in Lakeview Health, a substance abuse treatment company in Jacksonville, Florida.

The terms of the transaction were not disclosed.

The acquisition of Lakeview represents Trinity Hunt’s third investment in the behavioral healthcare space. In 2008, Trinity Hunt acquired Castlewood Treatment Centers, a residential eating disorder treatment company in St. Louis, Missouri. Additionally, in 2010, Trinity Hunt acquired a minority stake in Eating Recovery Centers, a Denver, Colorado based eating disorder treatment center offering inpatient and outpatient treatment options.

“Lakeview is a large, scalable asset that is well positioned for growth within the steadily expanding behavioral health industry,” said Hunter Peterson, a Partner with Trinity Hunt. “This investment underscores our commitment to the inpatient and residential behavioral health industry, a space that is benefiting from the significant tailwinds created from both mental health parity legislation and increased awareness and funding for drug and alcohol treatment.”

Trinity Hunt plans to invest heavily in Lakeview to support its continued growth. It has recruited numerous highly experienced healthcare executives and industry professionals to supplement Lakeview’s top management and to provide Board-level guidance. As in past investments in the behavioral health arena, Trinity Hunt intends to upgrade and expand the treatment center facilities and to invest in the clinical infrastructure by partnering with local healthcare professionals and institutions.

Senior debt was provided by Cadence Bank of Houston, TX and subordinated debt was provided by C3 Capital of Kansas City, MO.

To learn more about Lakeview Health, contact Mr. Peterson at 214-777-6607 or hpeterson@trinityhunt.com.