Halifax-Backed Delphi Behavioral Health Group Merges With Summit Behavioral Health

Industry News   •   April 26, 2018

WASHINGTONApril 26, 2018 /PRNewswire/ — Delphi Behavioral Health Group (“Delphi” or “the Company”), a leading substance abuse treatment provider, announced today it has merged with Summit Behavioral Health (“Summit“) to expand its service offering to more individuals struggling with substance use disorder and addiction. Terms of the transaction were not disclosed. Delphi is majority-owned by The Halifax Group, which recapitalized the Company in October 2017.

Summit, headquartered in Princeton Junction, NJ, operates a network of treatment centers that offer drug and alcohol medical detox, residential, and outpatient services. Summit’s integrative treatment combines cognitive-behavioral and rational emotive behavioral therapy techniques with 12-step facilitation and relapse prevention.

The combined corporate company, which will be called Delphi, will be led by current Delphi CEO, Dominic Sirianni, and headquartered in Fort Lauderdale, FL. Summit’s centers will retain their current Serenity at Summit branding, as well as their core leadership and operational staff. Together, the Company will operate 14 facilities across six states. Summit co-founder David Sears will remain active with the Company and will serve on the Board of Directors.

“Addiction is in the headlines every day. It is now part of the national zeitgeist. Countless families, communities and workplaces across the country are burdened by its consequences; it is imperative that individuals be offered treatment that can turn their lives around,” said Mr. Sirianni. “With the support of The Halifax Group, Delphi continues to build a national platform that can help address this enormous need. The Summit team brings a level of clinical excellence and dedication that matches perfectly with the Delphi vision and mission.”

“We are excited to partner with Delphi, which shares our desire to build a national leader in the addiction treatment space. Together, we are committed to providing greater access to the highest standard of care for the many thousands of individuals struggling with addiction,” said Mr. Sears.

This article originally appeared in an article on PR Newswire.

2018-06-27T12:21:30+00:00 April 26th, 2018|