Facility profile

Aspen Education Group

Formerly Aspen Youth Services

Open

Aspen Education Group is a program, operated by Acadia HealthCare. It has operated since 1997.

About Aspen Education Group

It closed its first multi-million dollar sale/leaseback real-estate transaction with Spirit Finance Corporation.source It was purchased by Bain Capital for $300 million in 2006.source It was acquired by CRC; deal reported hit by the 2008 credit crunch.source It was run by CRC Health Group.source Bain Capital Partners, LLC owns CRC Health/Aspen Education Group (HEAL, HEAL RESPONDS TO THE ENVOY GROUP MARKETING EXECUTIVE DAVID BOLTHOUSE'S ANTI-HEAL WEBSITE (HEALONLINE... (archived 2025-07-11)).source 1, source 2

It offered combined discounted pricing for an Aspen wilderness program plus an Aspen therapeutic boarding school, promotion through Aug 31, 2009.source Grown from its 1998 inception to 32 programs in 12 states.source It released outcome study: 86 percent of parents who used its wilderness program would refer it to other parents in need.source Reorganized into a Western Division (17 schools/programs) and an Eastern Division (12 schools, programs and camps).source It operates thirty programs in eleven states.source

It was accredited by network of schools earned CITA (Commission on International and Trans-Regional Accreditation) accreditation.source It was accredited by CARF.source It was approved by NATSAP.source

Also drawn on: Aspen Education Group (Wikipedia, lead), n.d..

Timeline

From the records: who ran it and the deals that moved it, its names, and the deaths, incidents, inspection findings, lawsuits and news stories on file. Point at an event, or tap "More about this", for the details.

199720062014201519972015

  1. 1997

    1. Opened

      Opened

  2. 2006

    1. OwnershipFebruary 6, 2006

      Bain Capital: Bought CRC Health Group for about $742 million

      CRC Health Group and Bain Capital ran Aspen Education Group on either side of the deal.

      Bain Capital: Bought CRC Health Group for about $742 million February 6, 2006

      Funds managed by Bain Capital Partners completed the purchase of CRC Health Group on February 6, 2006, for total cash consideration of about $742.3 million including fees. Later that year CRC, with Bain's backing, bought Aspen Education Group.

      source

    2. OwnershipFebruary 6, 2006

      CRC Health Group: Bought by Bain Capital funds for about $742 million

      CRC Health Group and Bain Capital ran Aspen Education Group on either side of the deal.

      CRC Health Group: Bought by Bain Capital funds for about $742 million February 6, 2006

      Bain Capital agreed in October 2005 to buy CRC Health Group, then described as the biggest US provider of drug and alcohol treatment, for $720 million. Funds managed by Bain Capital Partners completed the purchase on February 6, 2006 for total cash consideration of about $742.3 million including fees.

      source 1, source 2

    3. OwnershipNovember 2006

      CRC Health Group: Bought Aspen Education Group, the largest for-profit chain of troubled-teen programs, for $279.5 million

      CRC Health Group and Bain Capital ran Aspen Education Group on either side of the deal.

      CRC Health Group: Bought Aspen Education Group, the largest for-profit chain of troubled-teen programs, for $279.5 million November 2006

      In November 2006 CRC acquired all of the stock of Aspen Education Group for about $279.5 million. CRC called it its largest acquisition to date. By the end of 2007 its youth division ran 29 programs in 10 states, including ten therapeutic boarding schools and ten outdoor programs.

      source 1, source 2

  3. 2014

    1. IncidentApril 2014

      Lawsuit

      An April 2014 federal lawsuit sued Bain Capital, Aspen Education Group and others, alleging a 16-year-old was taken from Texas by a transport service and...

      Lawsuit April 2014

      An April 2014 federal lawsuit sued Bain Capital, Aspen Education Group and others, alleging a 16-year-old was taken from Texas by a transport service and confined in a locked Aspen program in Utah.

      source

  4. 2015

    1. OwnershipFebruary 11, 2015

      Acadia HealthCare: Bought CRC Health Group, owner of the Aspen youth programs, from Bain Capital

      CRC Health Group, Acadia Healthcare and Bain Capital ran Aspen Education Group on either side of the deal.

      Acadia HealthCare: Bought CRC Health Group, owner of the Aspen youth programs, from Bain Capital February 11, 2015

      Acadia announced a definitive agreement to acquire CRC Health Group on October 29, 2014, describing CRC as the nation's largest specialized behavioral healthcare provider with 36 residential facilities and 84 comprehensive treatment facilities. The deal was valued at $1.175 billion in Acadia stock plus assumed debt; Bain Capital took Acadia shares. Acadia announced completion on February 11, 2015.

      source 1, source 2, source 3

    2. Lawsuit

      Court record - Aspen Education Group (case no. 2:2014cv00866)

      Court record - Aspen Education Group (case no. 2:2014cv00866)

      The plaintiffs, owners of several residential treatment programs, sued the defendants for breach of contract and conversion over misdirected payments. The defendants failed to remit the payments to the plaintiffs as required by the purchase agreement. The court found the plaintiffs had a substantial likelihood of success and granted the motion for a writ of replevin. The order was signed by Magistrate Judge Paul M.

      Outcome: The court granted a motion to dismiss with prejudice, closing the case.

      Court
      United States District Court for the District of Utah
      Case number
      2:14cv866
      Status
      Closed

      All lawsuits on record

As Aspen Youth Services

until 2001

Nothing on record is dated to these years yet.

As Aspen Education Group

from 2001

Lawsuits

  • Court record - Aspen Education Group (case no. 2:2014cv00866) 2015 | Closed | United States District Court for the District of Utah | 2:14cv866 Names this facility

    Outcome: The court granted a motion to dismiss with prejudice, closing the case.

    The plaintiffs, owners of several residential treatment programs, sued the defendants for breach of contract and conversion over misdirected payments. The defendants failed to remit the payments to the plaintiffs as required by the purchase agreement. The court found the plaintiffs had a substantial likelihood of success and granted the motion for a writ of replevin. The order was signed by Magistrate Judge Paul M. Warner on February 18, 2015.

Incidents on record

  1. April 2014 Lawsuit

    An April 2014 federal lawsuit sued Bain Capital, Aspen Education Group and others, alleging a 16-year-old was taken from Texas by a transport service and confined in a locked Aspen program in Utah.source

  2. Incident

    HEAL states that children have died and been severely injured in Aspen Education Group wilderness and residential programs.source

Staff

Administration

Notable staff

Videos

Dark Side of Bain: CRC Health Group & Aspen Education Group (2012-08-04) Watch on YouTube

Connections on the network map

The companies, people and programs our research map ties to this program. Open it on the network map.

Ownership

Names

  • Aspen Youth Services Earlier name

Documents

Documents on file (232)
Academy at Swift River (48)
Adirondack Leadership Expeditions (22)
Aspen Achievement Academy (33)
Aspen Institute for Behavioral Assessment (3)
Woodbury Reports Mentions (2)
Island View (4)
Lone Star Expeditions (2)
Oakley School (36)
Stone Mountain School (23)
Wellspring Wisconsin (4)
Woodbury Reports Mentions (51)

Research that mentions this program

The whole research library

Wiki entries

Materials and links

Survivor posts and discussion

Reference and research

4 of these from SCIAD NET.

Archived pages

From SCIAD NET.

Other links

Record updated . Generated from the Kids Over Profits facility database. Suggest a correction