ModivCare Overview

Healthcare ServicesCompany

Was ModivCare formerly PE-backed?

Yes. ModivCare was formerly owned by 2 private investors.

Where is ModivCare headquartered?

ModivCare is headquartered in Denver, Colorado.

What is ModivCare’s revenue?

ModivCare disclosed revenue of 2,788M USD for 2024 and 2,751M USD for 2023.

How many employees does ModivCare have?

ModivCare has 23,675 employees.

What sector is ModivCare in?

ModivCare is a healthcare services company.

When was ModivCare founded?

ModivCare was founded in 1996.

ModivCare

ModivCare Inc.

6900 Layton Avenue, 12th Floor,
Denver, Colorado 80237
United States,
(303) 728-7003
www.modivcare.com

ModivCare provides and manages government-sponsored social services and non-emergency transportation services. Providence's counselors, social workers, and behavioral health professionals work clients who are eligible for government assistance due to income level, emotional/educational disabilities or court order. The state and local government agencies that fund the social services Providence provides are required by law to provide counseling, case management, foster care and other support services to eligible individuals and families. Providence also manages and arranges for client transport to health care related facilities and services for state or regional Medicaid agencies, health maintenance organizations, or HMOs, and commercial insurers. ModivCare was formed in 1996 and is based in Denver, Colorado.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.6/yr) # 4 2 1 - - - 7
vol $1.2B $315M $1.5B
Sell (0.0/yr) # 3 - - - - - 3
  10

Top M&A Advisors

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Moelis & Co.
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1
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Paul Hastings
3
Gibson, Dunn & Crutcher
2
Skadden, Arps, Slate, Meagher & Flom
1

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