PRZOOM - /newswire/ - Chicago, IL, United States, 2016/11/18 - Prairie Capital Advisors, Inc., a corporate finance advisory and investment banking firm, acted as financial advisor to Cornerstone Treatment Facilities Network in the sale of the company to an employee stock ownership plan - PrairieCap.com.

Cornerstone Treatment Facilities Network ("Cornerstone") is a respected leader and innovator in the drug and alcohol treatment field, providing medical services for more than 40 years in New York. Cornerstone has been helping people change their lives by providing them with the tools for a healthy, happy and drug-free life.

Prairie worked closely with the management team and sellers, providing advisory expertise and managing the preparatory, marketing, due diligence, and negotiation phases of the transaction as well as raising senior and mezzanine capital and structuring the financing of the transaction. Terms of the transaction were not disclosed.

About Prairie Capital Advisors

Prairie (prairiecap.com) is an employee owned company that offers investment banking, ESOP advisory and valuation services to support the growth and ownership transition strategies of middle-market companies. Prairie Capital Advisors, Inc., a leading corporate finance advisory and investment banking firm, acted as financial advisor to Cornerstone Treatment Facilities Network in the sale of the company to an employee stock ownership plan.

Agency / Source: Prairie Capital Advisors, Inc.

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