August 3, 2012

Pinnacle Treatment Centers Acquires Recovery Works

As part of its ongoing expansion, Pinnacle Treatment Centers, a provider of inpatient and outpatient substance abuse treatment and a Celerity Partners portfolio company, has acquired Recovery Works, a residential treatment center in Georgetown, KY.

The acquisition of Recovery Works expands Pinnacle’s footprint along the eastern seaboard from Pennsylvania and New Jersey to Kentucky.

Pinnacle is working to enhance the existing Recovery Works facility and will increase the current bed count from 16 to 32 in the near future. Plans are also underway to extend the current range of inpatient and outpatient services. Matt Rice, a Recovery Works founder and its current Executive Director will continue to run the facility.

“We have an outstanding reputation for providing treatment services to patients throughout Kentucky and neighboring states,” said Rice. “Pinnacle’s acquisition of this facility will give us the resources we need to help more individuals overcome addiction.”

Recovery Works marks Pinnacle’s sixth acquisition since its founding in 2006.