Brightli and Centerstone Finalize Merger, Set to Close in November
NASHVILLE, TENN. - Two nonprofit behavioral health providers will finalize the merging of their organizations at a ceremonial signing event in Springfield. Executives from Nashville-based Centerstone and Springfield-based Brightli will sign a master transaction agreement (MTA) on Sept. 9, formalizing the merger of the two organizations to form the largest nonprofit behavioral health care provider in the United States. Following the merger’s closing in early November, David C. Guth, Jr. will be the Chief Executive Officer of the merged organization. Brightli CEO C.J. Davis will be CEO-elect, becoming the CEO in January 2027 when Guth becomes CEO Emeritus. Guth will then retire later in 2027 after having served the organization for 39 years. “I am confident in the leadership and vision that C.J. brings to help continue the growth of Centerstone as a leader in the industry. He is guided by a deep mission of expanding care to the people in our communities,” Guth
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