Carl Marks Securities LLC, an affiliate of middle market investment bank Carl Marks Advisors, (together “Carl Marks”) announced that it advised Cornerstone Treatment Facilities Network (“Cornerstone” or the “Company”), an inpatient addiction care company, on the sale of the business to Aurora Health. Founded in 1936, Cornerstone is an employee-owned addiction care provider with locations in Fresh Meadows, Queens and in Rhinebeck, New York in the Hudson Valley. A state-regulated and licensed provider, Cornerstone specializes in medically supervised inpatient drug and alcohol withdrawal and stabilization services as well as medically supervised inpatient rehabilitation services.
Read the full article: Aurora Health Acquires Cornerstone Treatment Facilities Network //
Source: https://www.businesswire.com/news/home/20221219005202/en/Carl-Marks-Securities-Advises-on-Sale-of-Cornerstone-Treatment-Facilities-Network-to-Aurora-Health