Summit BHC Completes its Second Acquisition in 2018 and Expands into Iowa
Franklin, TN – Summit BHC (Summit), a leading provider of addiction treatment and behavioral health services, today announced the acquisition of St. Gregory Retreat Center. Located in Bayard, Iowa, the 56-bed facility is Summit’s first property in Iowa and brings the Company’s total number of operating facilities to fifteen. Now known as St. Gregory Recovery Center, the facility is a CARF-accredited addiction treatment center. The acquisition also includes a second property located in Adair that the Company will utilize to expand services and beds.
“We are excited to bring St. Gregory into the Summit family,” stated Trey Carter, CEO and Founder of Summit. “As a company, we are passionate and committed to the provision of effective addiction treatment. Summit will look to support St. Gregory in ensuring the delivery of quality and cost-effective addiction treatment services in Iowa. We couldn’t be more excited in welcoming them to Summit,” commented Mr. Carter.
“St. Gregory Retreat Centers was founded with the mission to combine the most recent research and state-of-the art substance abuse care available into a single, integrated program,” stated Tim Dalaviras, Group CEO of Summit. “We are confident that combining the experience and support of Summit with the dedication, passion and talent of the St. Gregory staff will allow the facility to both continue and expand upon its mission.”
About Summit BHC – Headquartered in Franklin, Tennessee 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 at the national level. The company currently owns and operates fifteen freestanding addiction treatment centers nationwide.
About St. Gregory – Based in Bayard, Iowa, St. Gregory Recovery Center offers an exclusive residential substance abuse program in a comfortable, safe, and healing environment. St. Gregory combines several evidence-based elements of recovery, including cognitive behavior therapy, behavior modification training, neurocognitive therapy, a health and wellness program, and comprehensive life planning and life coaching. St. Gregory is CARF accredited and licensed by the Iowa Department of Public Health.
For Information:
Karen Prince (Summit BHC), 410-336-9905, kprince@summitbhc.com
