US behavioural health provider ARC Health secures $182m credit facility

Core Insights - ARC Health has secured a $182 million credit facility to refinance existing debt and support growth initiatives in the US [1][2] - The company aims to expand its presence and improve behavioral health services across important regions in the US [2] - Thurston Group, a private equity firm, supports ARC Health's growth strategy and the establishment of the new credit facility [3][4] Company Overview - Founded in 2021 and based in Cleveland, Ohio, ARC Health is an outpatient behavioral health provider [1] - The company operates 91 locations across 20 US states and employs over 1,300 clinicians [1] - ARC Health focuses on a data-driven, patient-centered model to achieve strong clinical and operational results [1] Growth Strategy - The new credit facility will provide ARC Health with the capital and flexibility needed for expansion and to support partner practices [2] - The acquisition of Mindsoother Therapy Center in January 2024 marks a significant step in ARC Health's growth journey [4]