Engine Capital Sends Letter to Acadia Healthcare’s Board of Directors Regarding the Urgent Need for Strategy and Governance Changes

NEW YORK--( BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 3% of the outstanding shares of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (“Acadia” or the “Company”), today sent a letter to the Company’s Board of Directors outlining opportunities to close Acadia’s significant valuation gap and unlock value for shareholders.

The letter can be viewed and downloaded here.

About Engine Capital

Engine Capital LP is a value-oriented special situations fund that invests both actively and passively in companies undergoing change.