Eating Recovery Centers Marks the Second Investment in Trinity Hunt’s Growth Strategy within the Eating Disorders Industry
Trinity Hunt Partners, a leading private equity firm focused on middle market companies primarily located in the Southwest region, has announced a minority investment in Eating Recovery Centers (ERC), a boutique, inpatient psychiatric hospital and residential treatment facility based in Denver, Colorado, focused on the treatment of medically acute anorexia and bulimia. The investment was made through ED Holdings, a holding company established in June 2008 by Trinity Hunt to make investments in the eating disorder treatment industry.
Trinity Hunt’s investment in ERC represents the firm’s second investment within the eating disorders sector. The Fund’s first investment was made in June 2008, when Trinity Hunt purchased a majority stake in Castlewood Treatment Centers, based in St. Louis, Missouri. To date, Trinity Hunt has invested approximately $15 million in connection with this strategy.
According to Pete Stein, Partner with Trinity Hunt, “ERC is differentiated from Castlewood by its ‘Medical Model’ of eating disorder treatment that focuses on the most physically acute patients, as compared to Castlewood’s ‘Therapy Model’ which focuses on psychologically (mentally) acute patients. Both are similar, however, in that they have world class leadership in support of their strategies.” Towards that end, Trinity Hunt has partnered with Dr. Ken Weiner and other management shareholders, to expand their services offerings within Colorado and other states.
According to ERC management, Trinity Hunt was chosen as its partner given its deep industry knowledge within the eating disorders space.