Revelstoke Capital Partners portfolio company Crossroads Holding acquired Knoxville, Tenn.-based EHC Medical Offices.
Here's what you should know:
1. This is Revelstoke's 50th transaction. Revelstoke portfolio companies employ more than 30,000 employees.
2. Crossroads provides outpatient medication-assisted treatment services, as does EHC.
3. Crossroads Founder and CEO Rupert McCormac, MD, said, "This acquisition marks Crossroads’ expansion into our 11th state. As an entrepreneurial management team, leveraging Revelstoke’s resources and expertise allowed our physician leadership team to continue to focus on growth while maintaining the highest quality and efficacy of our clinics, fulfilling a critical need for our patients."