M&A Deal Summary

Roper Technologies Acquires Managed Health Care Associates

On April 17, 2013, Roper Technologies acquired healthcare services company Managed Health Care Associates from Diamond Castle Holdings for 1.0B USD

Acquisition Highlights
  • This is Roper Technologies’ 1st transaction in the Healthcare Services sector.
  • This is Roper Technologies’ 9th largest (disclosed) transaction.
  • This is Roper Technologies’ 12th transaction in the United States.
  • This is Roper Technologies’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2013-04-17
Target Managed Health Care Associates
Sector Healthcare Services
Buyer(s) Roper Technologies
Sellers(s) Diamond Castle Holdings
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Managed Health Care Associates

Florham Park, New Jersey, United States
website
Managed Health Care Associates, Inc. is a health care services and technology company. MHA offers a variety of services to pharmaceutical manufacturers selling to the LTC industry, including contract administration, marketing, and continuing education. Managed Health Care Associates was formed in 1989 and is based in Florham Park, New Jersey.

Search 192,297 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Roper Technologies

Sarasota, Florida, United States

website


Category Company
Founded 1981
Sector Information Technology
Employees18,400
Revenue 5.4B USD (2022)
DESCRIPTION

Roper Technologies is a diversified technology company. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. Roper Technologies was founded in 1981 and is based in Sarasota, Florida.


DEAL STATS #
Overall 15 of 36
Sector (Healthcare Services) 1 of 2
Type (Add-on Acquisition) 15 of 36
State (New Jersey) 1 of 1
Country (United States) 12 of 31
Year (2013) 1 of 1
Size (of disclosed) 9 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-30 Sunquest Information Systems

Tucson, Arizona, United States

Sunquest Information Systems, Inc. is a provider of clinical and financial software solutions for the healthcare industry. The company designs, develops, and supports a comprehensive suite of information products for hospitals and commercial laboratories that include best-of-breed laboratory, radiology, and pharmacy software systems.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-26 Innovative Product Achievements

Suwanee, Georgia, United States

IPA is a manufacturer of automated surgical scrub dispensing equipment for acute care hospitals and other healthcare providers. IPA’s solutions increase hospital productivity and provide tangible cost savings by reducing replacement and processing costs for scrubs and linens. IPA’s products are installed in over 650 hospitals throughout North America.

Buy -

Seller(S) 1

SELLER

Diamond Castle Holdings

New York, New York, United States

website


Category Private Equity Firm
Founded 2004
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Diamond Castle Holdings is a private equity firm that makes leveraged buyout, recapitalization, growth capital, and equity-like investments companies. Diamond Castle Holdings invests in energy & power, financial services, and healthcare sectors. Diamond Castle was formed in 2004 and is based in New York City.


DEAL STATS #
Overall 4 of 7
Sector (Healthcare Services) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (New Jersey) 1 of 1
Country (United States) 3 of 6
Year (2013) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-03 TIAA Bank

Jacksonville, Florida, United States

TIAA Bank provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Beacon Health Options

Boston, Massachusetts, United States

Beacon Health Options is a care management company that specializes in customized behavioral health solutions on behalf of health insurance companies, managed care organizations, and state and local governments. Beacon's suite of care management and population health programs helps individuals access timely, appropriate and effective mental health and substance abuse services.

Buy -