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Discovery Behavioral Acquires Ambrosia's NJ Facility PDF   E-mail
Addiction Treatment Industry Newswire

12/04/2018 -ATIN- Fast growing West Coast provider Discovery Behavioral, formerly Cliffside Malibu, has acquired Ambrosia Treatment Center's facility in New Jersey, Discovery's first M&A foray outside of California. Ambrosia still retains three centers in Florida and one in California.

Last year, Cliffside Malibu founder Richard Taite recruited well known treatment exec John Peloquin from Acadia with a mandate to grow the Cliffside platform, which had already expanded from its high end Malibu center roots to include outpatient as well as more affordable centers in So Cal.

Peloquin has since rebranded Cliffside as Discovery Behavioral and in September beefed up the c-suite with the recruitment of a new COO and a new CFO.

The facility in Medford, NJ is a large residential one on 40 acres directly adjacent to a state park. It is ideally suited to service the huge population center along the NYC/Philadelphia corridor.

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READ OUR STORY ON JOHN PELOQUIN




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