Evolent Health - M&A Summary and Business Overview

Information TechnologyCompany

Evolent Health M&A Summary

Evolent Health has acquired 7 companies, including 3 in the last 5 years. A total of 6 acquisitions came from private equity firms.

Evolent Health’s largest acquisition to date was in 2022, when it acquired Implantable Provider Group for $375M. Evolent Health has acquired in 5 different US states. The Company’s most targeted sectors include healthcare services (67%) and information technology (17%).

Evolent Health Business Overview

Where is Evolent Health headquartered?

Evolent Health is headquartered in Arlington, Virginia.

What is Evolent Health’s revenue?

Evolent Health disclosed revenue of 1,964M USD for 2023 and 1,352M USD for 2022.

How many employees does Evolent Health have?

Evolent Health has 4,700 employees.

What sector is Evolent Health in?

Evolent Health is an information technology company.

When was Evolent Health founded?

Evolent Health was founded in 2011.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 2

Evolent Health

Evolent Health, Inc.

1812 N. Moore Street, Suite 1705,
Arlington, Virginia 22209
United States,
(571) 389-6000
www.evolenthealth.com

Evolent Health partners with major health systems to drive value-based care transformation. By providing clinical, analytical, and financial capabilities, Evolent helps physicians and systems achieve superior quality and cost results. Evolent Health was founded in 2011 and is based in Arlington, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 3 - 1 2 - - 6
vol $362M $130M $375M $867M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Magellan Specialty Health 2022-11-17 - Divestiture
, United States
Implantable Provider Group, Inc. 2022-06-29 375M USD Add-on Acquisition
Alpharetta, Georgia · www.ipg.com
Vital Decisions LLC 2021-08-04 130M USD Add-on Acquisition
Edison, New Jersey · www.vitaldecisions.net
New Century Health 2018-09-12 217M USD Add-on Acquisition
Brea, California · www.newcenturyhealth.com
Aldera, Inc. 2016-10-03 - Add-on Acquisition
Lisle, Illinois · www.aldera.com
Valence Health, Inc. 2016-07-13 145M USD Add-on Acquisition
Chicago, Illinois · www.valencehealth.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 4 (67%) 492M (57%) - -
Business Services 1 (17%) 375M (43%) - -
Information Technology 1 (17%) - - -
Total 6 $867M - -

By Geo

State/Country Buy Value Sell Value
United States 6 867M - -
  Illinois 2 145M - -
  New Jersey 1 130M - -
  Georgia 1 375M - -
  California 1 217M - -
Total 6 $867M - -

Top M&A Advisors

Financial Deals
Goldman Sachs
 1
Legal Deals
Bass, Berry & Sims
 3

Deal Values

buy # Total
$100M to $1B 4 $867M
TOTAL $867M
Largest Implantable Provider Group, Inc.
$375M (2022-06-29)

M&A Connections

Deals
Acquired from
Investor(s)
83%
5 (83%)
Strategic(s)
17%
1 (17%)

Company Summary

SECTOR

Information Technology

Revenue

1,964   46% 2023
1,352   49% 2022
908   12% 2021
1,022   21% 2020
846   2019
(millions of USD) Show More Show Less

Employees

4,700

Established

2011

Public

NYSE: EVH

 Subscribe to unlock this and 208,055
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
  • 201K 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 Evolent Health

Virginia Companies , Information Technology Companies , United States Companies , Virginia Information Technology Companies , Virginia Information Technology with Acquisitions , Virginia Information Technology with Divestitures

Related Lists for Virginia Companies

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

Related Lists for Information Technology Companies

Largest Information Technology Companies , Acquisitive Information Technology Companies , Recently Acquired Information Technology Companies , Recently Sold Information Technology Companies , Private Information Technology Companies , Public Information Technology Companies , Acquired Information Technology Companies , PE Backed Information Technology 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