Bradford Health Services, a portfolio company of Centre Partners, has acquired Red Oak, a provider of substance abuse and dual diagnosis treatment for young adults. No financial terms were disclosed.
Birmingham, AL (July 5, 2017) – Bradford Health Services (“Bradford”) is pleased to announce the acquisition of Red Oak Recovery and The Willows at Red Oak Recovery (collectively “Red Oak”), a leading provider of trauma-informed substance abuse and dual diagnosis treatment for young adults across the country.
The combination of Bradford and Red Oak creates one of the largest providers of substance abuse treatment and recovery services in the Southeastern United States. Bradford and Red Oak share the same core values and treatment philosophies, and this unique partnership strengthens the position of both programs in the young adult recovery field, expanding access to care and providing unprecedented treatment opportunities for patients, families and referents across the acuity spectrum.
“Bradford and Red Oak are both patient-centered, committed to providing excellent care, and passionate about recovery,” commented Clay Simmons, CEO of Bradford Health Services. “Based on these core values, we intend to build the leading provider of substance abuse treatment and recovery services through the opening of de novo facilities and programs, and select acquisitions. We welcome the Red Oak team to Bradford and look forward to the positive impact we will have together in the future.”
“Joining forces with Bradford extends the footprint of our young adult services and solidifies our leadership in the young adult recovery field,” stated Jack Kline, Founder and CEO of Red Oak, who will continue to lead the Red Oak organization as it continues to expand. ”I am thrilled to partner with such a highly regarded group.”
About Bradford Health Services
Bradford Health Services, based in Birmingham, Alabama, is one of the largest and longest running providers of substance abuse treatment and recovery services in the Southeast. Through 28 individual clinical facilities, Bradford offers early intervention services, crisis response, intensive outpatient care, partial hospitalization and residential care, inpatient detox, and transitional living and life skills programming. Additional information is available at www.bradfordhealth.com.
About Red Oak Recovery
Red Oak Recovery is a leading provider of trauma-informed substance abuse and dual diagnosis treatment for young adults across the country. With two campuses located in the pristine Blue Ridge Mountains of North Carolina, Red Oak’s management and clinical staff have deep experience integrating experiential education, substance abuse, and mental health treatment programs that generate optimal outcomes and long-term recovery. Additional information is available at www.redoakrecovery.com.