M&A Deal Summary |
|
|---|---|
| Date | 2020-01-31 |
| Target | Trusted Health Plan |
| Sector | Healthcare Services |
| Buyer(s) | CareFirst BlueCross BlueShield |
| Sellers(s) | Juggernaut Capital Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1934 |
| Sector | Insurance |
CareFirst, an independent licensee of the Blue Cross and Blue Shield Association, is a not-for-profit health care company which, through its affiliates and subsidiaries, offers a comprehensive portfolio of health insurance products and administrative services to 3.2 million individuals and groups in Maryland, the District of Columbia and Northern Virginia. In 2018, CareFirst invested $38 million to improve overall health, and increase the accessibility, affordability, safety, and quality of health care throughout its market areas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Healthcare Services) | 1 of 3 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (District of Columbia) | 1 of 1 |
| Country (United States) | 1 of 3 |
| Year (2020) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-27 |
University of Maryland Health Partners
Timonium, Maryland, United States University of Maryland Health Partners (UMHP) is a Medicaid Managed Care Organization that offers a health plan that combines personal attention with world-class healthcare. Benefits include a large provider network and excellent customer service with the resources of one of America’s leading university medical systems. University of Maryland Health Partners was formed in 2011 and is based in Timonium, 21093, Maryland. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Juggernaut Capital Partners (JCP) is a private equity firm that targets middle market consumer products and business services companies throughout the US. The Firm seeks majority and minority stakes where it can commit $10 to $50 million of equity capital. JCP will consider a variety of transaction types, including buyouts, restructurings, and recapitalizations. Juggernaut Capital Partners was formed in 2009 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 9 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (District of Columbia) | 2 of 2 |
| Country (United States) | 5 of 9 |
| Year (2020) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-01 |
3STEP Sports
Andover, Massachusetts, United States 3STEP Sports is a premier, inspiring and authentic experience – dedicated to perfecting every aspect of the athlete funnel. The 3STEP reach spans 43 states and serves more than 3.2 million athletes across nine sports through industry-leading events, nationally spanning club programs, premier media content and more. 3STEP Sports was founded in 2016 and is based in Andover, Massaachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-18 |
Metuchen Pharmaceuticals
Freehold, New Jersey, United States Metuchen Pharmaceuticals is a men’s health-focused specialty pharmaceutical company. The company identifies, acquires, develops and commercializes products that have significant clinical advantages and patent protection. Metuchen has a full range of commercial capabilities including sales, marketing regulatory and medical affairs, finance, trade relations, pharmacovigilance, managed care customer management, manufacturing and distribution. Metuchen Pharmaceuticals was founded in 2016 and is based in Freehold, New Jersey. |
Sell | - |
