M&A Deal Summary

AdaptHealth Acquires McKesson - Patient Care Solutions Business

On November 22, 2019, AdaptHealth acquired medical products company McKesson - Patient Care Solutions Business from McKesson

Acquisition Highlights
  • This is AdaptHealth’s 1st transaction in the Medical Products sector.
  • This is AdaptHealth’s 1st transaction in the United States.
  • This is AdaptHealth’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-11-22
Target McKesson - Patient Care Solutions Business
Sector Medical Products
Buyer(s) AdaptHealth
Sellers(s) McKesson
Deal Type Divestiture

Target

McKesson - Patient Care Solutions Business

Moon Township, Pennsylvania, United States
McKesson's Patient Care Solutions Business provides wound care supplies, ostomy supplies, urological supplies, incontinence supplies, diabetic care supplies, and breast pumps directly to patients across the United States.

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Buyer(S) 1

Buyer

AdaptHealth

Plymouth Meeting, Pennsylvania, United States

website

Category Company
Sector Medical Products
Employees4,700
Revenue 1.1B USD (2020)
DESCRIPTION

AdaptHealth is a provider of home healthcare equipment, medical supplies to the home and related services in the United States. AdaptHealth provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to life, and thrive. Product and services offerings include (i) sleep therapy equipment, supplies and related services (including CPAP and bi PAP services) to individuals suffering from obstructive sleep apnea, (ii) home medical equipment (HME) to patients discharged from acute care and other facilities, (iii) oxygen and related chronic therapy services in the home, and (iv) other HME medical devices and supplies on behalf of chronically ill patients with diabetes care, wound care, urological, ostomy and nutritional supply needs. AdaptHealth is based in Plymouth Meeting, Pennsylvania.

DEAL STATS #
Overall 1 of 8
Sector (Medical Products) 1 of 4
Type (Divestiture) 1 of 2
State (Pennsylvania) 1 of 2
Country (United States) 1 of 8
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-09 Advanced Home Care - Medical Equipment Business

North Carolina, United States

Advanced Home Care, Inc. - Medical Equipment Business is a provider of medical equipment to patients.

Buy -

Seller(S) 1

SELLER

McKesson

Irving, Texas, United States

website

Category Company
Founded 1833
Sector Information Technology
Employees58,000
Revenue 264.0B USD (2022)
DESCRIPTION
McKesson office in The Woodlands, Texas.
McKesson office in The Woodlands, Texas.

McKesson is a health care services and information technology company. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, health care information technology, and business and clinical services. McKesson was founded in 1833 and is based in Irving, Texas.

DEAL STATS #
Overall 14 of 17
Sector (Medical Products) 2 of 2
Type (Divestiture) 14 of 17
State (Pennsylvania) 2 of 2
Country (United States) 10 of 10
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-25 Medical Specialties Distributors

Stoughton, Massachusetts, United States

Medical Specialties Distributors LLC is a provider of infusion products, supplies, biomedical services and technology solutions to the growing home infusion therapy market. Medical Specialties Distributors LLC was founded in 1982 and is based in Stoughton, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 McKesson - Certain European Businesses

France

McKesson Corp's Certain European Businesses provides health care services in France, Italy, Ireland, Portugal, Belgium, and Slovenia.

Sell -
Mergr

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