May 17, 2019

Omega Healthcare Investors Acquires MedEquities Realty Trust

HUNT VALLEY, Md. & NASHVILLE, Tenn.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (“Omega”) and MedEquities Realty Trust, Inc. (NYSE: MRT) (“MedEquities”) today announced the completion of Omega’s acquisition of all of the outstanding shares of MedEquities. The transaction represents an enterprise value of approximately $600 million for MedEquities and further diversifies Omega’s assets and operators. […]
March 7, 2019

BlueMountain, PE picking up healthcare firms, launches behavioral health company

BlueMountain Capital Management launched a national behavioral health company, the private equity firm said March 5. The new company, Promises Behavioral Health, will start off operating 12 facilities and programs across seven states. Promises Behavioral Health will offer treatment options for substance abuse, sexual addiction, trauma, eating disorders and other mental health disorders. Programs for […]
March 5, 2019

Industry Veterans and BlueMountain Capital Launch New National Behavioral Health Platform

NEW YORK, March 5, 2019 /PRNewswire/ — BlueMountain Capital Management (“BlueMountain”) announced today the launch of a new national behavioral health platform, led by industry veterans Kirk Kureska and Rob Waggener. The new company, Promises Behavioral Health (“Promises”), initially will operate 12 facilities and programs across seven states to provide a comprehensive range of treatment […]