ATIN – 04/16/09 – Birmingham, AL, -based Harbert Capital Management’s boutique private equity unit is once again eyeing the addiction treatment market after a long absence required by a non-compete signed many years ago with acquisitive CRC Health Corp., according to company sources.
Harbert was active in the methadone business and sold CRC its National Specialty Clinics business about five years ago, according to the source.
The source said that, at this point, Harbert is only looking at the market, with no concrete plans for investment, or any specific acquisition target identified.
Newswire Staff
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