R1 RCM - M&A Summary, Ownership, and Business Overview

Information ServicesCompany

R1 RCM M&A Summary

R1 RCM has acquired 9 companies of its own, including 5 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 1 asset.

R1 RCM’s largest acquisition to date was in 2022, when it acquired CloudMed for $4.1B. It’s largest disclosed sale occurred in 2020, when it sold R1 RCM - Emergency Medical Services Business to Sarnova for $140M. R1 RCM has acquired in 6 different US states. The Company’s most targeted sectors include information technology (50%) and internet software and services (34%).

R1 RCM Ownership

Who owns R1 RCM?

R1 RCM is owned by CD&R and TowerBrook Capital Partners. It was acquired on August 1, 2024.

Is R1 RCM PE-backed?

Yes. R1 RCM is owned by private equity investors CD&R and TowerBrook Capital Partners.

Was R1 RCM formerly PE-backed?

Yes. R1 RCM was formerly owned by 1 private investor.

R1 RCM Business Overview

Where is R1 RCM headquartered?

R1 RCM is headquartered in Murray, Utah.

What is R1 RCM’s revenue?

R1 RCM disclosed revenue of 2,254M USD for 2023 and 1,806M USD for 2022.

How many employees does R1 RCM have?

R1 RCM has 29,400 employees.

What sector is R1 RCM in?

R1 RCM is an information services company.

When was R1 RCM founded?

R1 RCM was founded in 2003.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 9
  • M&A Advisors 6

R1 RCM

R1 RCM, Inc.

434 West Ascension Way Suite 200,
Murray, Utah 84123
United States,
(312) 324-7820
www.r1rcm.com

R1 RCM is a provider of services and technology to healthcare providers. The Company helps clients strengthen their financial stability and deliver better care at a more affordable cost to the communities they serve, increasing healthcare access for all. R1 RCM was founded in 2003 and is based in Murray, Utah.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 1 2 1 1 1 - 6
vol $300M $4.1B $675M $5.1B
Sell (0.2/yr) # - 1 - - - - 1
vol $140M $140M
  7

Most Recent M&A

Company Date Value Type
Acclara Solutions LLC 2023-12-06 675M USD Add-on Acquisition
Houston, Texas · www.acclara.com
CloudMed LLC 2022-01-10 4.1B USD Add-on Acquisition
Atlanta, Georgia · www.cloudmed.com
VisitPay LLC 2021-05-04 300M USD Add-on Acquisition
Boise, Idaho · www.visitpay.com
R1 RCM Inc. - Emergency Medical Services Business 2020-07-20 140M USD Divestiture
Chicago, Illinois
Cerner RevWorks 2020-06-03 - Divestiture
, Missouri
SCI Solutions, Inc. 2020-04-01 - Add-on Acquisition
Seattle, Washington · www.scisolutions.com
Intermedix Corp. 2018-05-08 - Add-on Acquisition
Fort Lauderdale, Florida · www.intermedix.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 3 (50%) - 1 (100%) 140M (100%)
Internet Software and Services 2 (33%) 4.4B (87%) - -
Healthcare Services 1 (17%) 675M (13%) - -
Total 6 $5.1B 1 $140M

By Geo

State/Country Buy Value Sell Value
United States 6 5.1B 1 140M
  Washington 1 - - -
  Texas 1 675M - -
  Missouri 1 - - -
  Idaho 1 300M - -
  Georgia 1 4.1B - -
  Florida 1 - - -
  Illinois - - 1 140M
Total 6 $5.1B 1 $140M

Top M&A Advisors

Financial Deals
Centerview Partners
4
J.P. Morgan Securities
1
Legal Deals
Kirkland & Ellis
3
Winston & Strawn
1
Perkins Coie
1

Deal Values

buy # Total
> $1B 1 $4.1B
$100M to $1B 2 $975M
TOTAL $5.1B
Largest CloudMed LLC
$4.1B (2022-01-10)
sell # Total
$100M to $1B 1 $140M
TOTAL $140M
Largest R1 RCM Inc. - Emergency Medical Services Business
$140M (2020-07-20)

M&A Connections

Deals
Acquired from
Investor(s)
50%
3 (50%)
Strategic(s)
33%
2 (33%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 209,180
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
  • 202K M&A Transactions
  • 205K 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.