Anthem Mergers and Acquisitions Summary

Insurance Company

Anthem has acquired 22 companies, including 6 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 2 assets.

Anthem’s largest acquisition to date was in 2015, when it acquired Cigna for $54.2B. It’s largest disclosed sale occurred in 2009, when it sold NextRx subsidiaries to Express Scripts Holding for $4.7B. Anthem has acquired in 13 different US states, and 2 countries. The Company’s most targeted sectors include healthcare services (70%) and insurance (25%).

Join Mergr and gain access to Anthem’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 Activity22
    • M&A Buy Activity20
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 11
  • M&A Advisors 4

Anthem, Inc.

120 Monument Circle,
Indianapolis, Indiana 46204
United States,
(317) 488-6000
www.antheminc.com

Anthem, Inc. is a health benefits company serving customers throughout the United States. Through its networks nationwide, the company delivers a number of leading health benefit solutions through a broad portfolio of integrated health care plans and related services, along with a wide range of specialty products such as life and disability insurance benefits, dental, vision, behavioral health benefit services, as well as long term care insurance and flexible spending accounts. Anthem was formed in 1944 and is headquartered in Indianapolis, Indiana.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.8/yr) # 16 - 2 1 1 - 20
vol $85.2B $85.2B
Sell (0.0/yr) # 2 - - - - - 2
vol $4.7B $4.7B
  22

Most Recent M&A

Company Date Value Type
Beacon Health Options 2019-06-06 - Add-on Acquisition
Boston, Massachusetts · www.beaconhealthoptions.com
Aspire Health, Inc. 2018-05-23 - Add-on Acquisition
Nashville, Tennessee · www.aspirehealthcare.com
America’s 1st Choice of South Carolina, Inc. 2017-10-24 - Add-on Acquisition
Columbia, South Carolina · www.sch.americas1stchoice.com
HealthSun Health Plans, Inc. 2017-09-20 - Add-on Acquisition
Coconut Grove, United States · www.healthsun.com
Cigna Corp. 2015-07-24 54.2B USD Add-on Acquisition
Bloomfield, Connecticut · www.cigna.com
Simply Healthcare Plans, Inc. 2015-02-18 - Add-on Acquisition
Coral Gables, Florida · www.simplyhealthcareplans.com
1-800-Contacts, Inc. 2014-02-03 - Divestiture
Draper, Utah · www.1800contacts.com
Amerigroup Corp. 2012-12-24 - Add-on Acquisition
Virginia Beach, Virginia · www.amerigroupcorp.com
1-800-Contacts, Inc. 2012-12-06 900M USD Add-on Acquisition
Draper, Utah · www.1800contacts.com
Amerigroup, Inc. 2012-07-09 4.9B USD Add-on Acquisition
Virginia Beach, Virginia
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Cigna Corp. 2015-07-24 Cigna Corp. - Group Life and Disability Insurance Business 2019-12-18 1
Bloomfield, Connecticut · www.cigna.com Bloomfield, Connecticut
Cigna Corp. 2015-07-24 Express Scripts Holding Co. 2018-03-08 3
Bloomfield, Connecticut · www.cigna.com St. Louis, Missouri · www.express-scripts.com
Cigna Corp. 2015-07-24 Brighter, Inc. 2017-12-14 2
Bloomfield, Connecticut · www.cigna.com Santa Monica, California · www.brighter.com
Cigna Corp. 2015-07-24 Zurich Insurance Middle East SAL 2017-07-11 1
Bloomfield, Connecticut · www.cigna.com Beirut, Lebanon · www.zurich.ae

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 14 (70%) 58.5B (69%) - -
Insurance 5 (25%) 25.8B (30%) - -
E-Commerce 1 (5%) 900M (1%) 1 (50%) -
Business Services - - 1 (50%) 4.7B (100%)
Total 20 $85.2B 2 $4.7B

By Geo

State/Country Buy Value Sell Value
United States 19 85.2B 2 4.7B
  Virginia 4 8.9B - -
  California 3 20.9B - -
  Illinois 2 300M - -
  Utah 1 900M 1 -
  Tennessee 1 - - -
  South Carolina 1 - - -
  Minnesota 1 - - -
  Massachusetts 1 - - -
  Maryland 1 - - -
  Florida 1 - - -
  Delaware 1 - - -
  Connecticut 1 54.2B - -
1 - - -
Domestic 19 (95%) 85.2B (100%) 2 (100%) 4.7B (100%)
Cross-border 1 (5%) - - -
Total 20 $85.2B 2 $4.7B

Top M&A Advisors

Financial Deals
UBS Investment Bank
2
Credit Suisse Investment Banking
1
Legal Deals
White & Case LLP
2
Linklaters LLP
1

Deal Values

buy # Total
> $1B 4 $83.8B
$100M to $1B 3 $1.4B
TOTAL $85.2B
Largest Cigna Corp.
$54.2B (2015-07-24)
sell # Total
> $1B 1 $4.7B
TOTAL $4.7B
Largest NextRx subsidiaries
$4.7B (2009-12-01)

M&A Connections

Deals %
Acquired from
PE Firm(s)
89%
8 89%
Strategic(s)
11%
1 11%
Divested to
PE Firm(s)
50%
1 50%
Strategic(s)
50%
1 50%

 Subscribe to unlock this and 151,932
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
  • 3.9K Private Equity Firms
  • 139K M&A Transactions
  • 148K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 41K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.