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%)

Company Summary

SECTOR

Insurance

Employees

14,400

Established

1986

Subsidiary of

Aetna, Inc.

Former Name

Coventry Corp.

 Subscribe to unlock this and 201,535
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
1 Week Free Trial Learn 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
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Coventry Health Care

Maryland Companies , Insurance Companies , United States Companies , Maryland Insurance Companies , Maryland Insurance with Acquisitions

Related Lists for Maryland Companies

Largest Maryland Companies , Acquisitive Maryland Companies , Recently Acquired Maryland Companies , Recently Sold Maryland Companies , Private Maryland Companies , Public Maryland Companies , Acquired Maryland Companies , PE Backed Maryland Companies

Related Lists for Insurance Companies

Largest Insurance Companies , Acquisitive Insurance Companies , Recently Acquired Insurance Companies , Recently Sold Insurance Companies , Private Insurance Companies , Public Insurance Companies , Acquired Insurance Companies , PE Backed Insurance Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal