M&A Deal Summary |
|
|---|---|
| Date | 2024-01-31 |
| Target | Specialty Networks |
| Sector | Business Services |
| Buyer(s) | Cardinal Health |
| Sellers(s) | Linden Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.2B USD |
| Advisor(s) | Robert W. Baird & Co., Inc. (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1979 |
| Sector | Distribution |
| Employees | 44,000 |
| Revenue | 181.4B USD (2022) |
Cardinal Health is a global distributor of healthcare products. Cardinal Health manufactures medical and surgical products and distributes pharmaceuticals and medical supplies worldwide. Cardinal Health was incorporated in 1979 and is based in Dublin, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 40 |
| Sector (Business Services) | 2 of 2 |
| Type (Add-on Acquisition) | 35 of 35 |
| State (Ohio) | 3 of 3 |
| Country (United States) | 37 of 37 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 8 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-10 |
OutcomesMTM
West Des Moines, Iowa, United States OutcomesMTM is a privately owned company that contracts with more than 40 U.S. health plans throughout the United States to deliver personalized Medication Therapy Management (MTM) services to more than 5.5 million patients through a network of more than 50,000 local chain and independent retail pharmacies, nationwide. OutcomesMTM is based in West Des Moines, Iowa. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Focused |
Linden LLC is a private equity firm that invests in businesses involved in the healthcare and life science sectors. However, the firm also executes any size private equity transaction between $10 million to $2 billion through the firm's alliance with Madison Dearborn Partners. Linden is not a venture capital investor. The firm specializes in investments in non-core businesses owned by large corporations, as well as traditional management buyouts of independent companies. Linden LLC was formed in 2004 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 27 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 12 of 12 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 27 of 27 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-19 |
Spear Education
Scottsdale, Arizona, United States Spear Education is dentistry’s source for continuing education that serves dentists of all clinical skill levels and transforms practices and the lives of patients by offering physical hands-on courses, extensive peer-to-peer regional learning, and comprehensive online educational tools. Spear Education is based in Scottsdale, Arizona. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-12 |
Alcresta Therapeutics
Newton, Massachusetts, United States Alcresta Therapeutics is a specialty pharmaceutical company focusing on discovering and developing a new generation of enzyme-based products that improve digestion and absorption of important nutrients. The company's lead program is a point-of-care, enzyme-based product that improves the bioavailability of long-chain fatty acids (such as DHA, EPA, and AA) for patients with impaired pancreatic output. Compromised pancreatic function is a complication of many diseases such as cystic fibrosis, chronic pancreatitis, and cancer as well as developmental immaturity, and Alcresta's products are aimed at meeting the nutritional needs of these patients. Alcresta Therapeutics was formed in 2011 and is based in Newton, Massachusetts. |
Buy | - |
