Source: Acadia Healthcare.
North Tampa Behavioral Health facility in Wesley Chapel, Florida, owned by Acadia Healthcare.
Acadia Healthcare shares soared Thursday after Reuters reported of which the U.S. behavioral health centers operator is actually in talks with private equity firms about selling itself.
Acadia, which operates a network of nearly 0 behavioral health-care facilities with approximately 17,800 beds in 40 states, has been approached by private equity firms KKR as well as TPG Global, among others, according to Reuters, citing people familiar with the situation. Reuters said no deal was certain.
Shares of Acadia rose by more than 9 percent in morning trading Thursday. Acadia, which incorporates a market cap of $3.4 billion, has seen its shares rise more than 18 percent so far This kind of year. However, its shares have fallen 8 percent over the last 12 months.
Private equity firms have been flocking to health-care companies recently, consolidating the market.
KKR completed a multibillion-dollar deal earlier This kind of month to acquire Envision Healthcare, the nation’s largest provider of emergency room doctors.
Acadia, KKR as well as TPG Global did not immediately respond to CNBC’s request for comment.