Funds advised by BC Partners, have entered into an agreement to acquire a portfolio of 22 mental health facilities from Acadia Healthcare.

The hospitals are based across the UK and offer a wide variety of tailored programmes to suit patients’ specific behavioural care needs. The facilities were part of either Priory Group or Partnerships in Care and will be formed into a new company known as Elysium Healthcare (“Elysium”) led by Joy Chamberlain, former Group Chief Executive of Partnerships in Care and an experienced figure in the UK’s independent healthcare sector.

Elysium will have more than 2,000 employees and offer approximately 1,000 beds across the 22 hospitals.

Tom Burton, Ross Wheeler and Gus Gayford from Jamieson Corporate Finance advised Joy and her team on their investment into Elysium alongside BC Partners