Aetna Mergers and Acquisitions Summary

InsuranceCompany

Aetna has acquired 16 companies of its own. A total of 7 acquisitions came from private equity firms. It has also divested 7 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 Activity21
    • M&A Buy Activity14
    • M&A Sell Activity7
  • Total Sectors Invested 6
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 15
  • 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 ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.0/yr) # 14 - - - - - 14
vol $20.1B $20.1B
Sell (0.4/yr) # 5 - - - 1 1 7
vol $9.2B $9.2B
  21

Most Recent M&A

Company Date Value Type
Indian Health Organisation Pvt. Ltd. 2023-02-09 - Divestiture
New Delhi, India · www.vhealth.io
PayFlex Systems USA, Inc. 2022-04-05 - Divestiture
Omaha, Nebraska · www.payflex.com
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
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.    - First Health Services Corp. 2009-06-05 1
Bethesda, Maryland · www.coventryhealthcare.com , United States

M&A by Sector

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

By Geo

State/Country Buy Value Sell Value
United States 13 20.1B 6 9.2B
  Connecticut - - 3 9.2B
  New York 2 1.7B - -
  Colorado 2 390M - -
  Utah 1 500M 1 -
  Nebraska 1 202M 1 -
  Texas 1 70M - -
  Pennsylvania 1 8.8B - -
  Maryland 1 7.3B - -
  Illinois 1 400M - -
  Florida 1 - - -
  Arizona 1 535M - -
  Missouri - - 1 -
India - - 1 -
United Kingdom 1 - - -
Domestic 13 (93%) 20.1B (100%) 6 (86%) 9.2B (100%)
Cross-border 1 (7%) - 1 (14%) -
Total 14 $20.1B 7 $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
Investor(s)
36%
5 (36%)
Strategic(s)
21%
3 (21%)
Divested to
Strategic(s)
100%
7 (100%)

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