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Corporation
HEALTHCARE | Medical Facilities & Services / Medical Practice Management & Services
advancedrecoverysystems.com

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Partners & Customers

2

About Advanced Recovery Systems

Advanced Recovery Systems is an integrated behavioral healthcare management company dedicated to the treatment of addiction, substance abuse, eating disorders, and mental health issues. The Advanced Recovery Systems network of treatment centers includes The Recovery Village Umatilla (Umatilla, Florida), The Recovery Village at Palmer Lake (Palmer Lake, Colorado), The Recovery Village Ridgefield (Ridgefield, Washington), The Recovery Village Columbus (Groveport, Ohio), Orlando Recovery Center (Orlando, Florida), The Recovery Village at Baptist Health (Lake Worth and Miami, FL), Next Generation Village (Sebring, Florida) and The IAFF Center of Excellence for Behavioral Health Treatment and Recovery (Upper Marlboro, Maryland). Advanced Recovery Systems also manages three locations of Next Step Village (Maitland, Umatilla and Eustis, Florida), recovery residences providing supportive, transitional living opportunities.

Advanced Recovery Systems Headquarter Location

100 SE 3rd Ave #1800

Fort Lauderdale, Florida, 33394,

United States

866-396-1261

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Latest Advanced Recovery Systems News

White Oak Healthcare Finance Provides $75MM Credit Facility to Advanced Recovery Systems

Jul 8, 2021

White Oak Healthcare Finance Provides $75MM Credit Facility to Advanced Recovery Systems NEW YORK--(BUSINESS WIRE)--White Oak Healthcare Finance, LLC (“White Oak”) announced today that it acted as sole lender and administrative agent of a senior credit facility to support Advanced Recovery Systems, LLC (“ARS” or the "Company"), a Goldman Sachs Asset Management portfolio company. ARS provides inpatient and outpatient treatment services for patients with addiction, substance abuse and behavioral health disorders. “ARS provides a medical model with superior outcomes that can result in lower costs and reduced readmission rates,” said Ross Eldridge, EVP and Chief Originations Officer of White Oak. “Their continuum of care model reduces the number of providers that payors need to manage and appeals to mission-driven medical professionals by leveraging data science to improve outcomes.” Founded in 2013 and headquartered in Fort Lauderdale, Florida, ARS is a behavioral health company that specializes in the treatment of alcohol and drug abuse, eating disorders, and associated mental health issues. The Company operates eleven facilities across Colorado, Florida, Maryland, Ohio, New Jersey, and Washington. “We are thrilled to partner with White Oak as we continue to expand Advanced Recovery Systems’ reach both geographically and across treatment modalities,” said Mitch Eisenberg, Chief Executive Officer of ARS. “White Oak’s support will enable us to impact lives on a broader scale and provide greater access to treatment for those seeking help.” “It was great to work with the team at White Oak given their broad and deep experience in behavioral healthcare,” added Paul Sorensen, Chief Financial Officer of ARS. “In addition to providing us with certainty of execution, their transaction process was both efficient and transparent.” About Advanced Recovery Systems Advanced Recovery Systems is an integrated behavioral health care management company dedicated to the treatment of addiction, substance abuse and mental health conditions. The Advanced Recovery Systems network of treatment centers includes The Recovery Village Umatilla (Umatilla, Florida), The Recovery Village at Palmer Lake (Palmer Lake, Colorado), The Recovery Village Ridgefield (Ridgefield, Washington), The Recovery Village Columbus (Groveport, Ohio), Orlando Recovery Center (Orlando, Florida), The Recovery Village at Baptist Health (Lake Worth and Miami, FL), Next Generation Village (Sebring, Florida) and The IAFF Center of Excellence for Behavioral Health Treatment and Recovery (Upper Marlboro, Maryland). Advanced Recovery Systems also manages three locations of Next Step Village (Maitland, Umatilla and Eustis, Florida), recovery residences providing supportive, transitional living opportunities. For more information, visit www.advancedrecoverysystems.com . About White Oak Healthcare Finance White Oak Healthcare Finance, LLC (“WOHCF”), an affiliate of White Oak Global Advisors, LLC is a lender to all subsectors within the healthcare industry including healthcare services, pharma and life sciences, medical devices, healthcare technology, healthcare real estate, hospitals and SNFs. WOHCF has deep domain expertise with a sole focus on healthcare which enables it to provide flexible and creative solutions with certainty of execution. WOHCF offers a differentiated product set including cash flow term loans, asset based loans and ABL Stretch facilities, unitranche facilities, last out financings, real estate financings, equipment financings and opportunistic investments. As a lender with large pools of capital to deploy, WOHCF generally holds its full loan positions to maturity. About White Oak Global Advisors White Oak Global Advisors, LLC (“WOGA”) is a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Together with its financing affiliates, WOGA provides over twenty lending products to the market, including term, asset-based, and equipment loans, to all sectors of the economy. Since its inception in 2007, WOGA and its affiliates have deployed over $8 billion across its product lines, utilizing a disciplined investment process that focuses on delivering risk-adjusted investment returns to investors while establishing long term partnerships with our borrowers. More information can be found at www.whiteoaksf.com . Contacts

Advanced Recovery Systems Acquisitions

1 Acquisition

Advanced Recovery Systems acquired 1 company. Their latest acquisition was Blue Horizon on February 24, 2016.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/24/2016

Acquired

1

Date

2/24/2016

Investment Stage

Companies

Valuation

Total Funding

Note

Acquired

Sources

1

Advanced Recovery Systems Partners & Customers

2 Partners and customers

Advanced Recovery Systems has 2 strategic partners and customers. Advanced Recovery Systems recently partnered with Baptist Health South Florida on February 2, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

2/3/2020

Partner

Baptist Health South Florida

United States

Baptist Health South Florida Baptist Health and Advanced Recovery Systems Announce Partnership.

`` We 've successfully helped thousands of individuals on their road to recovery from addiction through our patient-centered approach and focus on evidence-based care , '' said Chief Executive Officer of Advanced Recovery Systems , Mitchell Eisenberg , MD. `` We look forward to serving the South Florida community in partnership with Baptist Health South Florida by providing high quality , effective treatment at our newest facilities . ''

2

10/23/2018

Partner

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10

Date

2/3/2020

10/23/2018

Type

Partner

Partner

Business Partner

Baptist Health South Florida

Country

United States

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News Snippet

Baptist Health South Florida Baptist Health and Advanced Recovery Systems Announce Partnership.

`` We 've successfully helped thousands of individuals on their road to recovery from addiction through our patient-centered approach and focus on evidence-based care , '' said Chief Executive Officer of Advanced Recovery Systems , Mitchell Eisenberg , MD. `` We look forward to serving the South Florida community in partnership with Baptist Health South Florida by providing high quality , effective treatment at our newest facilities . ''

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Sources

2

10

Advanced Recovery Systems Team

8 Team Members

Advanced Recovery Systems has 8 team members, including current Chief Executive Officer, Mitchell Eisenberg.

Name

Work History

Title

Status

Mitchell Eisenberg

Chief Executive Officer

Current

Paul Sorensen Jr

Chief Financial Officer

Current

Jonathan Eisenberg

Chief Operating Officer

Current

Hunter Mefford

Delta Career Education Corporation, and Circuit City Stores

Chief Marketing Officer

Current

Dolores Calicchio

Senior Vice President

Current

Name

Mitchell Eisenberg

Paul Sorensen Jr

Jonathan Eisenberg

Hunter Mefford

Dolores Calicchio

Work History

Delta Career Education Corporation, and Circuit City Stores

Title

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Marketing Officer

Senior Vice President

Status

Current

Current

Current

Current

Current

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