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Acadia Healthcare Completes Acquisition of Youth & Family Centered Services

Adds 13 Behavioral Health Facilities with Over 1,300 Beds

FRANKLIN, Tenn. (Apr. 4, 2011) Acadia Healthcare Company ("Acadia" or the "Company") today announced the completion of its acquisition of Youth & Family Centered Services, Inc. ("YFCS"), headquartered in Austin, TX. Through this transaction, Acadia now operates 19 behavioral health facilities with approximately 1,700 beds in 13 states, producing annual revenues of approximately $260 million.

Joey Jacobs, Chief Executive Officer of Acadia, remarked, "In addition to more than tripling the number of our facilities and beds, this transaction brings a valuable, highly experienced team of professionals to Acadia. The transaction is representative of the continuing opportunities we see in the fragmented behavioral health industry to expand our ability to provide the highest quality care to our patients through the purchase of additional facilities that are leaders in their markets. As with the YFCS transaction, we expect future acquisitions to be accretive to our financial results and, through organic growth, to have the potential to contribute to our achieving Acadia’s long-term growth objectives. With a management team highly experienced in successfully completing behavioral health facility acquisitions and integrating their operations, and with our solid financial position, we are confident of our ability to implement the Company’s expansion strategies."

About Acadia Healthcare Company

Founded in December 2005, Acadia operates a network of 19 behavioral health facilities with more than 1,700 beds in 13 states. Acadia provides premier psychiatric and chemical dependency services to its patients in a variety of settings, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. For additional information about Acadia, visit the Company’s website at www.acadiahealthcare.com