Diplomat Pharmacy - M&A Summary, Ownership, and Business Overview

Healthcare ServicesCompany

Diplomat Pharmacy M&A Summary

Diplomat Pharmacy has acquired 10 companies of its own. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Diplomat Pharmacy’s largest acquisition to date was in 2017, when it acquired Leehar Distributors for $595M. Diplomat Pharmacy has acquired in 10 different US states. The Company’s most targeted sectors include healthcare services (50%) and life science (30%).

Diplomat Pharmacy Ownership

Who owns Diplomat Pharmacy?

Diplomat Pharmacy is owned by Optum. It was acquired on December 9, 2019.

Diplomat Pharmacy Business Overview

Where is Diplomat Pharmacy headquartered?

Diplomat Pharmacy is headquartered in Flint, Michigan.

What is Diplomat Pharmacy’s revenue?

Diplomat Pharmacy disclosed revenue of 5,493M USD for 2018 and 4,485M USD for 2017.

How many employees does Diplomat Pharmacy have?

Diplomat Pharmacy has 1,565 employees.

What sector is Diplomat Pharmacy in?

Diplomat Pharmacy is a healthcare services company.

When was Diplomat Pharmacy founded?

Diplomat Pharmacy was founded in 1975.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity10
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Diplomat Pharmacy, Inc.

4100 South Saginaw Street,
Flint, Michigan 48507
United States,
(888) 720-4450
www.diplomat.is

Diplomat Pharmacy, Inc. is a provider of medication management programs for people with complex chronic diseases, including oncology, immunology, hepatitis, multiple sclerosis, HIV, specialized infusion therapy and many other serious or long-term conditions.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
vol $933M $933M
Sell (0.0/yr) # 2 - - - - - 2
  12

Most Recent M&A

Company Date Value Type
Envoy Health Management LLC 2019-10-16 - Divestiture
Miami Lakes, Florida · www.envoyhealth.com
Leehar Distributors LLC 2017-11-15 595M USD Add-on Acquisition
Creve Coeur, Missouri · www.ldirx.com
Pharmaceutical Technologies, Inc. 2017-11-06 31M USD Add-on Acquisition
Boys Town, Nebraska · www.pti-nps.com
8th Day Software and Consulting LLC 2017-10-02 - Add-on Acquisition
Arlington, Tennessee · www.8thdaysoftware.com
Focus Rx Pharmacy Services, Inc. 2017-09-11 - Add-on Acquisition
Ronkonkoma, New York · www.myfocusrx.com
WRB Communications, Inc. 2017-05-08 25M USD Add-on Acquisition
Chantilly, Virginia · www.wrbcorp.com
Valley Campus Pharmacy, Inc. (dba TNH Advanced Specialty Pharmacy) 2016-04-28 - Add-on Acquisition
Van Nuys, California · www.tnhpharmacy.com
Diplomat Pharmacy - Compounding Pharmacy Assets 2015-09-10 - Divestiture
, United States
Burmans Specialty Pharmacy LLC 2015-06-19 73M USD Add-on Acquisition
Brookhaven, Pennsylvania · www.burmansmedical.com
BioRx LLC 2015-04-01 210M USD Add-on Acquisition
Cincinnati, Ohio · www.biorx.net
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 5 (50%) 104M (11%) 1 (50%) -
Life Science 3 (30%) 805M (86%) - -
Business Services 1 (10%) 25M (3%) - -
Information Technology 1 (10%) - - -
Medical Products - - 1 (50%) -
Total 10 $933M 2 -

By Geo

State/Country Buy Value Sell Value
United States 10 933M 2 -
  Virginia 1 25M - -
  Tennessee 1 - - -
  Pennsylvania 1 73M - -
  Ohio 1 210M - -
  North Carolina 1 - - -
  New York 1 - - -
  Nebraska 1 31M - -
  Missouri 1 595M - -
  Connecticut 1 - - -
  California 1 - - -
  Florida - - 1 -
Total 10 $933M 2 -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 1
Legal Deals
Honigman
 2
Quarles & Brady
 1

Deal Values

buy # Total
$100M to $1B 2 $805M
< $100M 3 $128M
TOTAL $933M
Largest Leehar Distributors LLC
$595M (2017-11-15)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Healthcare Services

Revenue

5,493   23% 2018
4,485   2% 2017
4,410   31% 2016
3,367   53% 2015
2,214   47% 2014
1,515   35% 2013
1,126   2012
(millions of USD) Show More Show Less

Employees

1,565

Established

1975

 Subscribe to unlock this and 207,963
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
1 Week Free Trial Learn 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
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Diplomat Pharmacy

Michigan Companies , Healthcare Services Companies , United States Companies , Michigan Healthcare Services Companies , Michigan Healthcare Services with Acquisitions , Michigan Healthcare Services with Divestitures

Related Lists for Michigan Companies

Largest Michigan Companies , Acquisitive Michigan Companies , Recently Acquired Michigan Companies , Recently Sold Michigan Companies , Private Michigan Companies , Public Michigan Companies , Acquired Michigan Companies , PE Backed Michigan Companies

Related Lists for Healthcare Services Companies

Largest Healthcare Services Companies , Acquisitive Healthcare Services Companies , Recently Acquired Healthcare Services Companies , Recently Sold Healthcare Services Companies , Private Healthcare Services Companies , Public Healthcare Services Companies , Acquired Healthcare Services Companies , PE Backed Healthcare Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal