P2 Capital Partners Boosts Stake in Acadia Healthcare

Acadia Healthcare now P2 Capital Partners' 3rd largest holding

Mar. 14, 2026 at 10:29am

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P2 Capital Partners LLC has increased its stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 9.1% during the third quarter, according to a recent 13F filing. The fund now owns 2,337,188 shares of the company's stock, making it Acadia Healthcare's third largest shareholder with a 2.53% ownership stake worth $57.9 million.

Why it matters

Acadia Healthcare is a leading provider of behavioral healthcare services in the United States. P2 Capital Partners' increased investment signals confidence in the company's growth potential and market position within the mental health and addiction treatment industry.

The details

P2 Capital Partners purchased an additional 195,000 shares of Acadia Healthcare during the third quarter, bringing its total position to 2,337,188 shares. This represents a 9.1% increase in the fund's stake in the company. Acadia Healthcare now comprises 11.1% of P2 Capital Partners' overall portfolio, making it the fund's third largest holding.

  • P2 Capital Partners increased its stake in Acadia Healthcare during the third quarter of 2026.

The players

P2 Capital Partners LLC

An investment management firm that has made Acadia Healthcare its third largest portfolio holding.

Acadia Healthcare Company, Inc.

A publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee.

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The takeaway

P2 Capital Partners' increased investment in Acadia Healthcare signals confidence in the company's long-term growth prospects within the mental health and addiction treatment industry. As one of Acadia's largest shareholders, P2's vote of confidence could attract additional investor interest in the stock.