Engine Capital urges Acadia Healthcare board changes

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

September 24, 2025 8:30 AM EDT

Highlights That the Company Has Delivered Negative Returns and Underperformed Other Healthcare Facility Operators Over All Relevant Periods Causing it to Trade at a Deep Discount to its Intrinsic Value

Believes Acadias Underperformance Stems from Poor Execution, a Flawed Reorganization Under CEO Christopher Hunter, Ballooning Costs, Poor... More