M&A Deal Summary

Optum Acquires The Advisory Board Company - Health Care Business

On August 29, 2017, Optum acquired information technology company The Advisory Board Company - Health Care Business from The Advisory Board Company for 1.3B USD

Acquisition Highlights
  • This is Optum’s 2nd transaction in the Information Technology sector.
  • This is Optum’s 3rd largest (disclosed) transaction.
  • This is Optum’s 6th transaction in the United States.
  • This is Optum’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2017-08-29
Target The Advisory Board Company - Health Care Business
Sector Information Technology
Buyer(s) Optum
Sellers(s) The Advisory Board Company
Deal Type Divestiture
Deal Value 1.3B USD

Target

The Advisory Board Company - Health Care Business

Washington, District of Columbia, United States
The Advisory Board Company - Health Care Business is a best practices firm that uses a combination of research, technology and consulting to improve the performance of more than 4,400 health care organizations.

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Buyer(S) 1

Buyer

Optum

Eden Prairie, Minnesota, United States

website


Category Company
Sector Information Technology
DESCRIPTION
Entrance to Optum's corporate headquarters in Eden Praire, Minnesota.
Entrance to Optum's corporate headquarters in Eden Praire, Minnesota.

Optum is an information and technology-enabled health services business dedicated to helping make the health system work better for everyone. Optum delivers intelligent, integrated solutions that help to modernize the health system and improve overall population health.


DEAL STATS #
Overall 6 of 16
Sector (Information Technology) 2 of 4
Type (Divestiture) 1 of 2
State (District of Columbia) 1 of 1
Country (United States) 6 of 16
Year (2017) 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 Surgical Care Affiliates

Deerfield, Illinois, United States

Surgical Care Affiliates, Inc. is a developser, owns and operator of an outpatient surgical care centers and a health maintenance organization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 Vivify Health

Plano, Texas, United States

Vivify Health is involved in connected healthcare management services for better outcomes and ROI. With customers that include some of the nation’s largest and most progressive health systems and employers, Vivify’s mobile, cloud-based platform delivers a pathway to holistic remote care management through personalized care, biometric data monitoring, and video education.

Buy -

Seller(S) 1

SELLER

The Advisory Board Company

Washington, District of Columbia, United States

website


Category Company
Founded 1979
Sector Business Services
Employees3,500
Revenue 768M USD (2015)
DESCRIPTION

The Advisory Board Company is a global research, consulting, and technology firm helping hospital and health system leaders improve the quality and efficiency of patient care. The company provides strategic guidance, actionable insights, and comprehensive implementation and management services.


DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 2 of 2
State (District of Columbia) 2 of 2
Country (United States) 2 of 2
Year (2017) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-29 EAB

Washington, District of Columbia, United States

EAB is a provider of best practices research, student success management software and data-enabled enrollment solutions to the not-for-profit higher education and K-12 markets. The Company’s solutions help institutions increase enrollment yield, balance financial aid with revenue generation, drive higher student retention and success, and implement industry best practices derived from benchmarking and research. EAB was formed in 1983 and is based in Washington, District of Columbia.

Sell $1.6B