Team Health - M&A Summary, Ownership, and Business Overview

StaffingCompany

Team Health M&A Summary

Team Health has acquired 40 companies of its own. A total of 4 acquisitions came from private equity firms. It has also divested 1 asset.

Team Health’s largest acquisition to date was in 2015, when it acquired IPC Healthcare for $1.6B. Team Health has acquired in 17 different US states. The Company’s most targeted sectors include healthcare services (77%) and staffing (24%).

Team Health Ownership

Who owns Team Health?

Team Health is owned by Athyrium Capital Management and The Blackstone Group. It was acquired on October 31, 2016.

Is Team Health PE-backed?

Yes. Team Health is owned by private equity investors Athyrium Capital Management and The Blackstone Group.

Was Team Health formerly PE-backed?

Yes. Team Health was formerly owned by 4 private investors.

Team Health Business Overview

Where is Team Health headquartered?

Team Health is headquartered in Knoxville, Tennessee.

What is Team Health’s revenue?

Team Health disclosed revenue of 3,597M USD for 2015 and 2,819M USD for 2014.

How many employees does Team Health have?

Team Health has 18,800 employees.

What sector is Team Health in?

Team Health is a staffing company.

When was Team Health founded?

Team Health was founded in 1979.

M&A Summary

  • M&A Total Activity40
    • M&A Buy Activity39
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 3

Team Health

Team Health Holdings, Inc.

265 Brookview Centre Way, Suite 400,
Knoxville, Tennessee 37919
United States,
(800) 342-2898
www.teamhealth.com

Team Health is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. Team Health was formed in 1979 and is based in Knoxville, Tennessee.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 39 - - - - - 39
vol $1.6B $1.6B
Sell (0.2/yr) # - - - - - 1 1
  40

Most Recent M&A

Company Date Value Type
Team Health - VirtualCare 2024-09-17 - Divestiture
, United States
Premier Medical P.C. 2018-07-09 - Add-on Acquisition
Birmingham, Alabama
Emergency Medicine Consultants (EMC) Ltd. 2018-02-05 - Add-on Acquisition
Fort Worth, Texas · www.emdocs.com
X32 Healthcare LLC 2018-01-04 - Add-on Acquisition
Tamarac, Florida · www.x32healthcare.com
Synergy Emergency Physicians, Inc. 2017-05-01 - Add-on Acquisition
Toledo, Ohio
Florida Emergency Physicians Kang & Associates, M.D., Inc. 2016-10-03 - Add-on Acquisition
Maitland, Florida · www.floridaep.com
EmMed PC 2016-09-15 - Add-on Acquisition
Bay City, Michigan
Grossmont Emergency Medical Group 2016-08-22 - Add-on Acquisition
La Mesa, California
Anesthesia Associates of Cincinnati, Inc. 2016-08-18 - Add-on Acquisition
Cincinnati, Ohio
Pain Management Associates, Inc. (KC Pain Centers) 2016-08-18 - Add-on Acquisition
Kansas City, Missouri · www.kcpain.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 30 (77%) 1.6B (100%) 1 (100%) -
Staffing 9 (23%) - - -
Total 39 $1.6B 1 -

By Geo

State/Country Buy Value Sell Value
United States 39 1.6B 1 -
  Florida 6 - - -
  New Jersey 5 - - -
  Ohio 4 - - -
  Texas 3 - - -
  Nevada 3 - - -
  California 3 1.6B - -
  Alabama 3 - - -
  Nebraska 2 - - -
  Missouri 2 - - -
  Virginia 1 - - -
  North Carolina 1 - - -
  New York 1 - - -
  Michigan 1 - - -
  Kentucky 1 - - -
  Illinois 1 - - -
  District of Columbia 1 - - -
Total 39 $1.6B 1 -

Top M&A Advisors

Financial Deals
MTS Health Partners LP
1
Citigroup Investment Banking
1
Legal Deals
Simpson Thacher & Bartlett
1

Deal Values

buy # Total
> $1B 1 $1.6B
TOTAL $1.6B
Largest IPC Healthcare, Inc.
$1.6B (2015-08-04)

M&A Connections

Deals
Acquired from
Investor(s)
8%
3 (8%)
Strategic(s)
5%
2 (5%)
Divested to
Strategic(s)
100%
1 (100%)

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