Victory Addiction Recovery Center joins Summit Behavioral Healthcare
Recent Acquisition of Lafayette Based Addiction Treatment Center by Growing Behavioral Healthcare Company is Familiar Territory
(Atlanta, GA) — Summit Behavioral Healthcare, LLC (Summit) today announced the acquisition of Victory Addiction Recovery Center, LLC (Victory) located in Lafayette, LA. Financial terms of the acquisition were not disclosed.
Victory, a residential treatment facility located in Lafayette, LA, is a freestanding addictions treatment center serving adults. Under Summit’s umbrella, Victory will continue to focus on the delivery of high quality client focused treatment services and will ensure that all services meet the needs of our clients, the community and our referral partners.
“This acquisition is particularly exciting for Summit as we have extensive experience in the Lafayette market through prior leadership and facility ownership roles. Our commitment to providing quality care to meet the local community addiction treatment needs is strong and rooted in a sense of belonging in this area.” said Jeff Barnett, COO of Summit. “Combining the dedication of the Victory leadership team and staff with Summit’s experience and support will allow for affordable quality treatment for our clients,” Jeff continued.
Summit, a newly formed behavioral healthcare company, has decades of experience providing treatment for psychiatric, mental health and substance abuse disorders as evidenced by the leadership team of the organization. This is the second acquisition for Summit which grows the organization to three inpatient addictions treatment facilities in under one year. The Company acquired Valley Recovery Center of California in May 2014 and opened an intensive residential treatment center, Great Oaks Recovery Center, earlier this year in the greater Houston, TX market.
About Summit — Headquartered in Atlanta, GA and founded in June of 2013, Summit was established to develop and operate a network of leading addiction treatment and behavioral health centers throughout the country. The company’s sole focus is on the provision and management of specialty chemical dependency and addiction disorder services within a flexible and dynamic continuum of care. The leadership team at Summit is comprised of senior executives with decades of combined experience in the behavioral healthcare industry. The team has a long and successful history leading and managing world class behavioral health centers and organizations throughout the country.
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