Coventry Health Care - M&A Summary, Ownership, and Business Overview

InsuranceCompany

Coventry Health Care M&A Summary

Coventry Health Care has acquired 16 companies of its own. It has also divested 3 assets.

Coventry Health Care has acquired in 13 different US states. The Company’s most targeted sectors include healthcare services (44%) and insurance (44%).

Coventry Health Care Ownership

Who owns Coventry Health Care?

Coventry Health Care is owned by Aetna. It was acquired on May 7, 2013.

Was Coventry Health Care formerly PE-backed?

Yes. Coventry Health Care was formerly owned by 1 private investor.

Coventry Health Care Business Overview

Where is Coventry Health Care headquartered?

Coventry Health Care is headquartered in Bethesda, Maryland.

How many employees does Coventry Health Care have?

Coventry Health Care has 14,400 employees.

What sector is Coventry Health Care in?

Coventry Health Care is an insurance company.

When was Coventry Health Care founded?

Coventry Health Care was founded in 1986.

M&A Summary

  • M&A Total Activity18
    • M&A Buy Activity16
    • M&A Sell Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Coventry Health Care, Inc.

6720-B Rockledge Drive, Suite 700,
Bethesda, Maryland 20817
United States,
(301) 581-0600
www.coventryhealthcare.com

Coventry Health Care, Inc. is a managed health care company that provides a wide range of health benefits and services to a broad cross section of employer and government-funded groups.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 16 - - - - - 16
Sell (0.0/yr) # 3 - - - - - 3
  19

Most Recent M&A

Company Date Value Type
Altius Health Plan, Inc. 2018-08-09 - Divestiture
South Jordan, Utah · www.altius.coventryhealthcare.com
American Service Life Insurance Co. 2012-08-01 - Divestiture
Wilmington, Delaware
Mercy Health Plans, Inc. 2010-10-01 - Divestiture
Chesterfield, Montana · www.mercyhealthplans.com
Preferred Health Systems, Inc. 2010-02-01 - Add-on Acquisition
Wichita, Kansas
First Health Services Corp. 2009-06-05 - Divestiture
, United States
Group Dental Services, Inc. 2008-05-14 - Add-on Acquisition
Rockville, Maryland · www.gdsmd.com
Florida Health Plan Administrators LLC 2007-09-10 - Add-on Acquisition
Sunrise, Florida
VISTA Health Plans, Inc. 2007-01-01 - Add-on Acquisition
Sunrise, Florida · www.chcflorida.coventryhealthcare.com
First Health Group Corp. 2005-01-28 - Add-on Acquisition
San Diego, California · www.firsthealth.coventryhealthcare.com
OmniCare Health Plan, Inc. 2004-10-01 - Add-on Acquisition
Detroit, Michigan
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 7 (47%) - 2 (67%) -
Healthcare Services 7 (47%) - - -
Medical Products 1 (7%) - - -
Diversified - - 1 (33%) -
Total 15 - 3 -

By Geo

State/Country Buy Value Sell Value
United States 16 - 3 -
  Vermont 2 - - -
  Montana 2 - - -
  Florida 2 - - -
  Utah 1 - 1 -
  Delaware 1 - 1 -
  Texas 1 - - -
  Pennsylvania 1 - - -
  Missouri 1 - - -
  Michigan 1 - - -
  Maryland 1 - - -
  Kansas 1 - - -
  Illinois 1 - - -
  California 1 - - -
Total 16 - 3 -

M&A Connections

Deals
Acquired from
Strategic(s)
6%
1 (6%)
Divested to
Strategic(s)
100%
3 (100%)

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