Daily News: January 7, 2013

Trinity Hunt Partners Invests in Lakeview Health Systems


Trinity Hunt Partners (THP) announced the completion of its majority investment in Lakeview Health Systems, a substance abuse treatment company in Jacksonville, FL. The terms of the transaction were not disclosed.

Senior debt was provided by Cadence Bank and subordinated debt was provided by C3 Capital.

The acquisition of Lakeview represents THP’s third investment in the behavioral healthcare space.

“Lakeview is a large, scalable asset that is well positioned for growth within the steadily expanding behavioral health industry,” said Hunter Peterson, a THP partner. “This investment underscores our commitment to the inpatient and residential behavioral health industry, a space that is benefiting from the significant tailwinds created from both mental health parity legislation and increased awareness and funding for drug and alcohol treatment.”

THP intends to invest heavily in Lakeview to support its continued growth by upgrading and expanding the treatment center facilities and investing in the clinical infrastructure by partnering with local healthcare professionals and institutions.

Trinity Hunt is a middle-market private equity firm.