M&A Deal Summary |
|
|---|---|
| Date | 2021-06-25 |
| Target | Alliance HealthCare Services |
| Sector | Healthcare Services |
| Buyer(s) | Akumin |
| Sellers(s) | Tahoe Investment Group |
| Deal Type | Divestiture |
| Deal Value | 820M USD |
| Advisor(s) | Citigroup Investment Banking Leerink Partners LLC (Financial) Ropes & Gray Osler (Legal) |
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| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Healthcare Services |
| Revenue | 750M USD (2022) |
Akumin is a provider of comprehensive outpatient radiology and oncology solutions and a partner to U.S. hospitals, health systems and physician groups. Akumin provides fixed-site outpatient radiology and oncology services through a network of 234 owned and/or operated centers; as well as outpatient radiology and oncology solutions to approximately 1,000 hospitals and health systems across 48 states. Akumin was incorporated in 2015 and is based in Plantation, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
Tahoe is an investment holding company with a diversified portfolio of assets in various industries including real estate development, securities, hospitality, biomedicine and healthcare. Tahoe’s diversified portfolio includes controlling ownership in Thai Hot Group, one of the leading real-estate developers in China listed on the Shenzhen Stock Exchange. Tahoe is also the third largest shareholder of the Shanghai Stock Exchange listed Dongxing Securities. Tahoe expanded its business landscape to include biomedicine and healthcare industry by acquiring a large-scale pharmaceutical company. Tahoe was formed in 1996 and is headquartered in Fuzhou, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-11 |
Alliance HealthCare Services
Newport Beach, California, United States Alliance HealthCare Services is a provider of shared-service and fixed-site diagnostic imaging services. Alliance provides comprehensive turnkey solutions to hospitals and other health providers for MRI, PET, CT and Radiation Oncology Systems. Alliance HealthCare Services was founded in 1983 and is based in Newport Beach, California. |
Buy | $75M |
