Corrections Corporation of America just got bigger in Texas

On October 29, 2015, Corrections Corporation of America (CCA) sealed a $157.5 million deal on a major expansion with its acquistion of Avalon Correctional Services, Inc., a private community corrections company.

Now the nation's oldest and largest for-profit prison corporation will own or operate seven community correctional facilities in Texas: Austin Residential Reentry, Austin Transitional Center, Corpus Christi Transitional Center, Dallas Transitional Center, El Paso Multi-Use Facility, El Paso Transitional Center, and Fort Worth Transitional Center.

The acquistion adds 3,157 re-entry beds in Texas and is expected to boost revenue by $35-$45 million.  We'll be updating our map to note that the former Avalon facilities are now operated by CCA.