Hanger - M&A Summary, Ownership, and Business Overview

Medical ProductsCompany

Hanger M&A Summary

Hanger has acquired 33 companies of its own. A total of 1 acquisition came from private equity firms.

Hanger’s largest acquisition to date was in 2010, when it acquired Accelerated Care Plus for $155M. Hanger has acquired in 20 different US states. The Company’s most targeted sectors include medical products (82%) and healthcare services (19%).

Hanger Ownership

Who owns Hanger?

Hanger is owned by Ares Private Equity Group and Patient Square Capital. It was acquired on July 21, 2022.

Is Hanger PE-backed?

Yes. Hanger is owned by private equity investors Ares Private Equity Group and Patient Square Capital.

Hanger Business Overview

Where is Hanger headquartered?

Hanger is headquartered in Austin, Texas.

What is Hanger’s revenue?

Hanger disclosed revenue of 1,120M USD for 2021 and 1,001M USD for 2020.

How many employees does Hanger have?

Hanger has 5,200 employees.

What sector is Hanger in?

Hanger is a medical products company.

When was Hanger founded?

Hanger was founded in 1861.

M&A Summary

  • M&A Total Activity33
    • M&A Buy Activity33
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 1

Hanger

Hanger, Inc.

10910 Domain Drive, Suite 300,
Austin, Texas 78758
United States,
(512) 777-3800
www.hanger.com

Hanger is a provider of orthotic and prosthetic (O&P) services and products. Hanger distributes branded and private label O&P devices, products, and components, and provides rehabilitative solutions. Hanger was formed in 1861 and is based in Austin, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 33 - - - - - 33
vol $155M $155M
Sell (0.0/yr) # - - - - - - 0
  33

Most Recent M&A

Company Date Value Type
Prosthetic Laboratories of Rochester, Inc. 2014-07-02 - Add-on Acquisition
Rochester, Minnesota · www.plor.net
Snell's of Jackson, Inc. 2013-08-19 - Add-on Acquisition
Jackson, Tennessee · snellsofjackson.net
San Juan P&O. 2013-08-19 - Add-on Acquisition
, United States
East Coast Orthotics, Inc. 2013-06-19 - Add-on Acquisition
Melbourne, Florida
Nascott Rehabilitation Services, Inc. 2013-06-19 - Add-on Acquisition
Washington,, District of Columbia · www.nascott.com
Faith Prosthetic-Orthotic Services, Inc. 2012-12-05 - Add-on Acquisition
Concord,, North Carolina · www.oandp.com/facilities/nc/faith
SCOPe Orthotics & Prosthetics, Inc. 2012-12-05 - Add-on Acquisition
San Diego,, California · www.scop.net
OrPro, Inc. 2012-10-29 - Add-on Acquisition
Irvine, California · www.orpro.com
Mississippi Artificial Limb & Brace, LLC 2012-10-29 - Add-on Acquisition
Hattiesburg, Mississippi
Innovative Prosthetic Care Tupelo, LLC 2012-10-29 - Add-on Acquisition
Tupelo,, Mississippi
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 27 (82%) - - -
Healthcare Services 6 (18%) 155M (100%) - -
Total 33 $155M - -

By Geo

State/Country Buy Value Sell Value
United States 33 155M - -
  California 3 - - -
  Alabama 3 - - -
  Mississippi 3 - - -
  Colorado 2 - - -
  Texas 2 - - -
  Tennessee 2 - - -
  Montana 2 - - -
  Illinois 2 - - -
  Washington 1 - - -
  Virginia 1 - - -
  Oregon 1 - - -
  North Carolina 1 - - -
  Nevada 1 155M - -
  Minnesota 1 - - -
  Michigan 1 - - -
  Louisiana 1 - - -
  Iowa 1 - - -
  Florida 1 - - -
  District of Columbia 1 - - -
Total 33 $155M - -

Top M&A Advisors

Financial Deals
Oppenheimer & Co.
1

Deal Values

buy # Total
$100M to $1B 1 $155M
TOTAL $155M
Largest Accelerated Care Plus Corp.
$155M (2010-10-18)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)

 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

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.