American Addiction Centers, which operates six inpatient substance abuse treatment centers across the US, filed on Friday with the SEC to raise up to $75 million in an initial public offering. The Brentwood, TN-based company, which was founded in 2004 and booked $116 million in revenue for the 12 months ended March 31, 2014, plans to list on the NYSE under the symbol AAC. American Addiction Centers initially filed confidentially on May 5, 2014. William Blair and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.
