WSJ Pro Private Equity
March 27, 2017
By Laura Cooper

Laura Cooper of The Wall Street Journal reports on the increased activity by private-equity firms investing in behavioral health deals in recent years. One firm’s early experience in the space could help explain why.

Waud Capital Partners, an early investor in the behavioral health, reaped a superior risk-adjusted return on its investment in Acadia Healthcare by the time the firm fully exited the company in August 2017, said a person familiar with the matter. Waud initially helped form Acadia in December 2005 and took the company public in 2011.

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