M&A Deal Summary |
|
|---|---|
| Date | 2021-04-16 |
| Target | Abode Healthcare |
| Sector | Healthcare Services |
| Buyer(s) | BrightSpring Health |
| Sellers(s) | Summit Partners |
| Deal Type | Add-on Acquisition |
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BrightSpring Health Services is a large provider of diversified home and community-based health services to complex, high-cost populations. The company provides nonclinical habilitative services and clinical rehabilitative services for people of all ages and skill levels. Its primary businesses include: behavioral health (including autism services), home health care (including personal care, home health, and hospice), neuro therapy, and job placement and vocational training, supported by pharmacy and telecare ancillary technologies and services. BrightSpring Health Services was formerly known as ResCare and is based in Louisville, Kentucky.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 10 |
| Sector (Healthcare Services) | 7 of 8 |
| Type (Add-on Acquisition) | 7 of 8 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 8 of 9 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-09 |
ResCare - Health and Human Services
Fort Wayne, Indiana, United States ResCare, Inc. - Health and Human Services is a provider of a preeminent adult day health services in Fort Wayne, Indiana. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-18 |
Pate Rehabilitation
Dallas, Texas, United States Pate Rehabilitation provides evidence-based physical, occupational, speech/language, and neurocognitive therapies, as well as vocational rehabilitation, to advance and accelerate patient recovery – helping individuals suffering from an acquired brain injury return to the highest quality of life possible. Pate Rehabilitation was founded in 1981 and is based in Dallas, Texas. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 254 of 281 |
| Sector (Healthcare Services) | 29 of 32 |
| Type (Add-on Acquisition) | 113 of 126 |
| State (Colorado) | 3 of 4 |
| Country (United States) | 224 of 243 |
| Year (2021) | 5 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-15 |
Lingoda
Berlin, Germany Lingoda is an online language school offering live small group and private classes available 24/7 in four languages - English, German, French and Spanish. Lingoda teaches more than 450,000 classes each year through a community of over 1,400 certified, native-speaking teaching professionals. The company’s structured curriculum includes over 2,000 digital lessons produced in-house by linguistic experts. Courses are designed to empower language fluency, and 97% of Lingoda learners confirm that the platform is more effective than using language apps alone. Lingoda was founded in 2013 and is based in Berlin, Germany. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-30 |
Darktrace
Cambridge, United Kingdom Darktrace is a provider of cyber defense software that helps enterprises and government bodies protect themselves against advanced attacks and data compromises from within the network. Darktrace's approach allows enterprises to protect their information and intellectual property from state sponsored, criminal groups or malicious employees whom are already inside the networks of every critical infrastructure company. Darktrace combines decades of government cyber threat expertise with world-leading University of Cambridge mathematicians, and software engineers who have experience deploying the largest, most sensitive software. Darktrace was incorporated in 2013 and is based in Cambridge, the United Kingdom. |
Sell | - |
