M&A Deal Summary |
|
|---|---|
| Date | 2008-04-30 |
| Target | National Medical Health Card Systems |
| Sector | Business Services |
| Buyer(s) | Catamaran |
| Sellers(s) |
New Mountain Capital
HealthEdge Investment Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 143M USD |
| Advisor(s) | J.P. Morgan Securities (Financial) Bass, Berry & Sims PLC (Legal) |
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| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Healthcare Services |
| Employees | 4,000 |
| Revenue | 21.6B USD (2014) |
Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 10 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 10 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 10 |
| Year (2008) | 1 of 2 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-12-22 |
Zynchros
Seattle, Washington, United States Zynchros serves Health Insurers, Pharmacy Benefit Managers (PBMs) and Healthcare IT vendors with a family of on-demand solutions and services. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 45 |
| Sector (Business Services) | 1 of 5 |
| Type (Add-on Acquisition) | 2 of 22 |
| State (New York) | 1 of 4 |
| Country (United States) | 3 of 42 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 14 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-01 |
Deltek
Herndon, Virginia, United States Deltek, Inc. is a provider of enterprise applications software designed specifically for project-focused businesses. The Company's software applications enables organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. Deltek is based in Herndon, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-05-01 |
TIAA Bank
Jacksonville, Florida, United States TIAA Bank provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| Size | Small |
| Type | Sector Focused |
HealthEdge Investment Partners is an operating-oriented private equity firm that targets the healthcare industry. The firm pursues buyouts, recapitalizations or structured investments in healthcare companies with a strong market share. HealthEdge targets businesses with enterprise value ranging between $10 million and $100 million, and with revenues ranging between $5 million and $75 million. Moreover, the firm looks for companies with EBITDA near $15 million. The firm typically commits between $5 million to $20 million of capital per company. HealthEdge focuses on the healthcare segments that involve medical products, devices and equipment, healthcare services, healthcare IT, pharmaceutical, and distribution. HealthEdge Investment Partners was founded in 2005 and is based in Tampa, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 17 |
| Sector (Business Services) | 2 of 3 |
| Type (Add-on Acquisition) | 3 of 11 |
| State (New York) | 1 of 2 |
| Country (United States) | 4 of 17 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-28 |
Woodbury Health Products
Oceanside, New York, United States WPI Holdings, Inc. is a direct to consumer distributor of high quality incontinence and related healthcare products to customers in the United States. Woodbury Products offers over 250 items including baby and adult diapers, pull-ups, pads, and linens with approximately 50 different diapers. Woodbury Health Products, Inc. was established in 1977 and is headquartered in Oceanside, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-05-02 |
POC Network Technologies
Santa Ana, California, United States POC Network Technologies (PNT) bridges the communication gap between patients, payors and point-of-care providers with eDispense, its proprietary web-based portal. Leveraging PNT’s physician and payor networks as well as its back-office technology, eDispense supports a host of integrated solutions for the effective delivery, reimbursement and administration of products and services at the point-of-care. |
Buy | - |
