Acadia Healthcare Company, Inc. -- Moody's: Acadia's announced acquisitions are credit positive

New York, June 02, 2015 -- Moody's Investors Service commented that Acadia Healthcare Company, Inc.'s announcement of three behavioral health facility acquisitions for an aggregate $145 million is modestly credit positive. Moody's understands that the acquisitions -- two in the United Kingdom and one in the United States -- were funded with the proceeds of the company's May 2015 equity offering. Therefore, given that no additional debt was raised, the incremental EBITDA from the acquired facilities will have a modestly positive impact on credit metrics. However, there is no change to Acadia's ratings, including the B1 Corporate Family Rating, at this time. The stable rating outlook is also unchanged.

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