M&A Deal Summary

Affinity Health Partners Acquires Martin General Hospital

On September 17, 2021, Affinity Health Partners acquired healthcare services company Martin General Hospital from Quorum Health

Acquisition Highlights
  • This is Affinity Health Partners’ 1st transaction in the Healthcare Services sector.
  • This is Affinity Health Partners’ 1st transaction in the United States.
  • This is Affinity Health Partners’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2021-09-17
Target Martin General Hospital
Sector Healthcare Services
Buyer(s) Affinity Health Partners
Sellers(s) Quorum Health
Deal Type Divestiture

Target

Martin General Hospital

Williamston, North Carolina, United States
website
Martin General Hospital is a community healthcare provider with a 49-bed facility that provides inpatient and outpatient medical and surgical care. Its mission is to provide extraordinary care with exceptional skill, and strives to be a healthcare center of excellence and employer of choice in eastern North Carolina. Martin General Hospital is based in Williamston, North Carolina.

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Buyer(S) 1

Buyer

Affinity Health Partners

Plano, Texas, United States

website

Category Company
Founded 2017
Sector Healthcare Services
DESCRIPTION

Affinity Health Partners' is a focused, purpose-built healthcare re-development firm serving rural and critical access hospitals as well as rural health clinics/federally qualified health center clients. Each project is individually created to focus on strategic, operational, and financial areas where our perspective offers the highest value and return on community investment for each individual client.? Affinity Health Partners' mission is to improve rural healthcare and ensure access to high quality care to areas where it has lacked. Affinity Health Partners was formed in 2017 and is based in Plano, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Quorum Health

Brentwood, Tennessee, United States

website

Category Company
Founded 2015
Sector Healthcare Services
Employees8,600
Revenue 1.9B USD (2018)
DESCRIPTION

Quorum Health is an operator of general acute care hospitals and outpatient services. Through its subsidiaries, the Company owns, leases or operates a diversified portfolio of 22 affiliated hospitals in rural and mid-sized markets located across 13 states with an aggregate of 1,817 licensed beds. Quorum Health was founded in 2015 and is based in Brentwood, Tennessee.

DEAL STATS #
Overall 3 of 3
Sector (Healthcare Services) 3 of 3
Type (Divestiture) 3 of 3
State (North Carolina) 1 of 1
Country (United States) 3 of 3
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Ovation Healthcare

Brentwood, Tennessee, United States

Ovation Healthcare is a provider of consulting, management and education resources to hospitals and health systems for more than three decades. Ovation Healthcare is a hospital management, with nearly 150 current multi-year clients across the U.S. Ovation Healthcare was founded in 1977 and is based in Brentwood, Tennessee.

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