American Addiction Centers, which operates six inpatient substance abuse treatment centers in the US with over 450 beds, raised $75 million by offering 5 million shares at $15, above the $12-$14 range. At its offer price, American Addiction Centers has a market cap of $314 million and an enterprise value of $297 million. American Addiction Centers will list on the NYSE under the ticker AAC. William Blair and Raymond James acted as joint bookrunners on the deal.
