M&A Deal Summary

College Health Enterprises Acquires Glendora Oaks Behavioral Health Hospital

On June 9, 2021, College Health Enterprises acquired healthcare services company Glendora Oaks Behavioral Health Hospital from Prime Healthcare Services

Acquisition Highlights
  • This is College Health Enterprises’ 1st transaction in the Healthcare Services sector.
  • This is College Health Enterprises’ 1st transaction in the United States.
  • This is College Health Enterprises’ 1st transaction in California.

M&A Deal Summary

Date 2021-06-09
Target Glendora Oaks Behavioral Health Hospital
Sector Healthcare Services
Buyer(s) College Health Enterprises
Sellers(s) Prime Healthcare Services
Deal Type Divestiture

Target

Glendora Oaks Behavioral Health Hospital

Glendora, California, United States
website
Glendora Oaks Behavioral Health Hospital is a 44-bed behavioral health nonprofit hospital that provides personalized behavioral healthcare and specializes in helping seniors aged 18 and older suffering from mental health disorders. Glendora Oaks Behavioral Health Hospital was founded in 1958 and is based in Glendora, California.

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Buyer(S) 1

Buyer

College Health Enterprises

Santa Fe Springs, California, United States

website


Category Company
Founded 1986
Sector Healthcare Services
DESCRIPTION

College Health Enterprises is a privately held healthcare management company that specializes in the operation and management of psychiatric and medical/surgical hospitals as well as partial hospitalization programs (“PHP”). College Health Enterprises was founded in 1986 and is based in Santa Fe Springs, California.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Prime Healthcare Services

Ontario, California, United States

website


Category Company
Founded 2000
Sector Healthcare Services
DESCRIPTION

Prime Healthcare Services, Inc., together with its subsidiaries, owns and operates acute care hospitals in California, Texas, and Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-09 Verity Health System of California - St. Francis Medical Center

Lynwood, California, United States

Verity Health System of California, Inc. - St. Francis Medical Center is 384-bed acute care hospital has private emergency trauma centers in Los Angeles County — treating more than 84,000 children and adults each year.

Buy $350M