Aetna Mergers and Acquisitions Summary

Insurance Company

Aetna has acquired 16 companies of its own. A total of 7 acquisitions came from private equity firms. It has also divested 5 assets.

Aetna’s largest acquisition to date was in 1996, when it acquired U.S. Healthcare for $8.8B. It’s largest disclosed sale occurred in 2000, when it sold Aetna Financial Services to ING Groep N.V. for $7.7B. Aetna has acquired in 11 different US states, and 2 countries. The Company’s most targeted sectors include insurance (43%) and healthcare services (29%).

Join Mergr and gain access to Aetna’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the insurance sector.

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity14
    • M&A Sell Activity5
  • Total Sectors Invested 6
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 14
  • M&A Advisors 1

Aetna, Inc.

151 Farmington Avenue,
Hartford, Connecticut 06156
United States,
(860) 273-0123
www.aetna.com

Aetna, Inc. is a diversified health care benefits company. Aetna offers medical, pharmaceutical, dental, behavioral health, long-term care, and disability health-care plans. Aetna was founded in 1853 and is based in Hartford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.0/yr) # 14 - - - - - 14
vol $20.1B $20.1B
Sell (0.6/yr) # 2 - 1 2 - - 5
vol $7.7B $1.5B $9.2B
  19

Most Recent M&A

Company Date Value Type
Aetna, Inc. - Medicare Part D Business 2018-09-27 - Divestiture
Hartford, Connecticut
Medicity, Inc. 2018-07-11 - Divestiture
Salt Lake City, Utah · www.medicity.com
Aetna, Inc. - U.S. Group Life and Disability Business 2017-10-23 1.5B USD Divestiture
Hartford, Connecticut
bswift LLC 2014-11-03 400M USD Add-on Acquisition
Chicago, Illinois · www.bswift.com
InterGlobal Insurance Co., Ltd. 2013-11-27 - Add-on Acquisition
Farnham, United Kingdom · www.interglobalpmi.com
Coventry Health Care, Inc. 2013-05-07 7.3B USD Add-on Acquisition
Bethesda, Maryland · www.coventryhealthcare.com
Missouri Care, Inc. 2013-04-01 - Divestiture
Columbia, Missouri · www.missouricare.com
iTriage LLC 2011-12-16 - Add-on Acquisition
Denver, Colorado · www.itriagehealth.com
PayFlex Holdings, Inc. 2011-07-18 202M USD Add-on Acquisition
Omaha, Nebraska · www.payflex.com
Genworth Financial Medicare Supplement, Inc. 2011-06-13 290M USD Divestiture
, United States
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Coventry Health Care, Inc. 2013-05-07 Altius Health Plan, Inc. 2018-08-09 1
Bethesda, Maryland · www.coventryhealthcare.com South Jordan, Utah · www.altius.coventryhealthcare.com
Coventry Health Care, Inc.    - American Service Life Insurance Co. 2012-08-01 2
Bethesda, Maryland · www.coventryhealthcare.com Wilmington, Delaware
Coventry Health Care, Inc.    - Mercy Health Plans, Inc. 2010-10-01 14
Bethesda, Maryland · www.coventryhealthcare.com Chesterfield, Montana · www.mercyhealthplans.com
Coventry Health Care, Inc.    - Preferred Health Systems, Inc. 2010-02-01 13
Bethesda, Maryland · www.coventryhealthcare.com Wichita, Kansas
Coventry Health Care, Inc.    - First Health Services Corp. 2009-06-05 1
Bethesda, Maryland · www.coventryhealthcare.com , United States
Coventry Health Care, Inc.    - Group Dental Services, Inc. 2008-05-14 12
Bethesda, Maryland · www.coventryhealthcare.com Rockville, Maryland · www.gdsmd.com
Coventry Health Care, Inc.    - MHNet Specialty Services LLC 2008-02-01 11
Bethesda, Maryland · www.coventryhealthcare.com Austin, Texas
Coventry Health Care, Inc.    - Florida Health Plan Administrators LLC 2007-09-10 10
Bethesda, Maryland · www.coventryhealthcare.com Sunrise, Florida
Coventry Health Care, Inc.    - VISTA Health Plans, Inc. 2007-01-01 9
Bethesda, Maryland · www.coventryhealthcare.com Sunrise, Florida · www.chcflorida.coventryhealthcare.com
Coventry Health Care, Inc.    - First Health Group Corp. 2005-01-28 8
Bethesda, Maryland · www.coventryhealthcare.com San Diego, California · www.firsthealth.coventryhealthcare.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 6 (43%) 17.7B (88%) 3 (60%) 9.2B (100%)
Healthcare Services 4 (29%) 1.1B (5%) 1 (20%) -
Information Technology 1 (7%) 500M (2%) 1 (20%) -
Business Services 1 (7%) 202M (1%) - -
Financial Services 1 (7%) 290M (1%) - -
Software 1 (7%) 400M (2%) - -
Total 14 $20.1B 5 $9.2B

By Geo

State/Country Buy Value Sell Value
United States 13 20.1B 5 9.2B
  Connecticut - - 3 9.2B
  New York 2 1.7B - -
  Colorado 2 390M - -
  Utah 1 500M 1 -
  Texas 1 70M - -
  Pennsylvania 1 8.8B - -
  Nebraska 1 202M - -
  Maryland 1 7.3B - -
  Illinois 1 400M - -
  Florida 1 - - -
  Arizona 1 535M - -
  Missouri - - 1 -
United Kingdom 1 - - -
Domestic 13 (93%) 20.1B (100%) 5 (100%) 9.2B (100%)
Cross-border 1 (7%) - - -
Total 14 $20.1B 5 $9.2B

Top M&A Advisors

Legal Deals
Davis Polk & Wardwell LLP
1

Deal Values

buy # Total
> $1B 3 $17.2B
$100M to $1B 7 $2.9B
< $100M 1 $70M
TOTAL $20.1B
Largest U.S. Healthcare Inc.
$8.8B (1996-04-02)
sell # Total
> $1B 2 $9.2B
TOTAL $9.2B
Largest Aetna Financial Services
$7.7B (2000-07-20)

M&A Connections

Deals %
Acquired from
PE Firm(s)
70%
7 70%
Strategic(s)
30%
3 30%
Divested to
Strategic(s)
100%
5 100%

 Subscribe to unlock this and 156,669
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 145K M&A Transactions
  • 153K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.