Sprout Health Group, a Eatontown-based network of inpatient and outpatient facilities that treat addiction and co-occurring disorders, announced Thursday it has acquired Endeavor House North, a drug treatment center in Kearny.
Under terms of the deal, Sprout will assume operational control of Endeavor. Sprout will also be able to now serve all regions of New Jersey while being in network with every major insurance carrier in the state, it said.
“The opportunity to bring our personalized approach to Endeavor House North represents an exciting new chapter in our organization’s growth,” Arel Meister-Aldama, Sprout Health Group founder and CEO, said. “We’ve been working with management and staff to ensure a seamless transition, and to create treatment experiences at the new Endeavor House that will give people the education, tools, and support they need to live healthy, productive lives.”
Over the next few months, Sprout said it will announce details about its planned investment and revitalization of the Endeavor House North facility.
“When we were looking at potential acquisition partners, we wanted an organization that was committed to carrying on the proud tradition of our facility while bringing a 21st Century approach designed to maximize our patients’ opportunities for recovery,” said Brian Thorne, Chief Operating Officer for Pinnacle Treatment Centers. “Sprout Health Group is exactly that type of organization. We’re confident that their patients are best-positioned to receive world-class care, tailored to their needs.”
Financial terms were not disclosed.