Blue Cross Blue Shield Association - M&A Summary and Business Overview

InsuranceCompany

Blue Cross Blue Shield Association M&A Summary

Blue Cross Blue Shield Association has acquired 4 companies, including 1 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

Blue Cross Blue Shield Association’s largest acquisition to date was in 2008, when it acquired The TriZetto Group for $1.4B. It’s largest disclosed sale occurred in 2014, when it sold The TriZetto Group to Cognizant Technology Solutions for $2.7B. Blue Cross Blue Shield Association has acquired in 3 different US states. The Company’s most targeted sectors include insurance (34%) and internet software and services (34%).

Blue Cross Blue Shield Association Business Overview

Where is Blue Cross Blue Shield Association headquartered?

Blue Cross Blue Shield Association is headquartered in Chicago, Illinois.

What sector is Blue Cross Blue Shield Association in?

Blue Cross Blue Shield Association is an insurance company.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity3
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 1

Blue Cross Blue Shield Association

225 North Michigan Avenue,
Chicago, Illinois 60601
United States,
www.bcbs.com

The Blue Cross Blue Shield Association is a federation of 37 separate health insurance organizations and companies in the United States.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $1.4B $1.4B
Sell (0.0/yr) # 2 - - - - - 2
vol $2.7B $2.7B
  5

Most Recent M&A

Company Date Value Type
Steward Health Choice Arizona 2019-11-07 - Divestiture
Phoenix, Arizona · www.stewardhealthchoiceaz.com
Onlife Health 2019-02-26 - Divestiture
Brentwood, Tennessee · www.onlifehealth.com
ikaSystems Corp. 2015-11-25 - Add-on Acquisition
Southborough, Massachusetts · www.ikasystems.com
The TriZetto Group, Inc. 2014-09-15 2.7B USD Trade Sale
Denver, Colorado · www.trizetto.com
The TriZetto Group, Inc. 2008-04-11 1.4B USD Going Private
Denver, Colorado · www.trizetto.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 1 (33%) - 1 (50%) -
Software 1 (33%) 1.4B (100%) 1 (50%) 2.7B (100%)
Insurance 1 (33%) - - -
Total 3 $1.4B 2 $2.7B

By Geo

State/Country Buy Value Sell Value
United States 3 1.4B 2 2.7B
  Colorado 1 1.4B 1 2.7B
  Massachusetts 1 - - -
  Arizona 1 - - -
  Tennessee - - 1 -
Total 3 $1.4B 2 $2.7B

Top M&A Advisors

Financial Deals
Cain Brothers & Co. LLC
 1

Deal Values

buy # Total
> $1B 1 $1.4B
TOTAL $1.4B
Largest The TriZetto Group, Inc.
$1.4B (2008-04-11)
sell # Total
> $1B 1 $2.7B
TOTAL $2.7B
Largest The TriZetto Group, Inc.
$2.7B (2014-09-15)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Insurance

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