Diplomat Pharmacy - M&A Summary, Ownership, and Business Overview

Healthcare ServicesCompany

Diplomat Pharmacy M&A Summary

Diplomat Pharmacy has acquired 10 companies of its own. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Diplomat Pharmacy’s largest acquisition to date was in 2017, when it acquired Leehar Distributors for $595M. Diplomat Pharmacy has acquired in 10 different US states. The Company’s most targeted sectors include healthcare services (50%) and life science (30%).

Diplomat Pharmacy Ownership

Who owns Diplomat Pharmacy?

Diplomat Pharmacy is owned by Optum. It was acquired on December 9, 2019.

Diplomat Pharmacy Business Overview

Where is Diplomat Pharmacy headquartered?

Diplomat Pharmacy is headquartered in Flint, Michigan.

What is Diplomat Pharmacy’s revenue?

Diplomat Pharmacy disclosed revenue of 5,493M USD for 2018 and 4,485M USD for 2017.

How many employees does Diplomat Pharmacy have?

Diplomat Pharmacy has 1,565 employees.

What sector is Diplomat Pharmacy in?

Diplomat Pharmacy is a healthcare services company.

When was Diplomat Pharmacy founded?

Diplomat Pharmacy was founded in 1975.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity10
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Diplomat Pharmacy, Inc.

4100 South Saginaw Street,
Flint, Michigan 48507
United States,
(888) 720-4450
www.diplomat.is

Diplomat Pharmacy, Inc. is a provider of medication management programs for people with complex chronic diseases, including oncology, immunology, hepatitis, multiple sclerosis, HIV, specialized infusion therapy and many other serious or long-term conditions.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
vol $933M $933M
Sell (0.0/yr) # 2 - - - - - 2
  12

Most Recent M&A

Company Date Value Type
Envoy Health Management LLC 2019-10-16 - Divestiture
Miami Lakes, Florida · www.envoyhealth.com
Leehar Distributors LLC 2017-11-15 595M USD Add-on Acquisition
Creve Coeur, Missouri · www.ldirx.com
Pharmaceutical Technologies, Inc. 2017-11-06 31M USD Add-on Acquisition
Boys Town, Nebraska · www.pti-nps.com
8th Day Software and Consulting LLC 2017-10-02 - Add-on Acquisition
Arlington, Tennessee · www.8thdaysoftware.com
Focus Rx Pharmacy Services, Inc. 2017-09-11 - Add-on Acquisition
Ronkonkoma, New York · www.myfocusrx.com
WRB Communications, Inc. 2017-05-08 25M USD Add-on Acquisition
Chantilly, Virginia · www.wrbcorp.com
Valley Campus Pharmacy, Inc. (dba TNH Advanced Specialty Pharmacy) 2016-04-28 - Add-on Acquisition
Van Nuys, California · www.tnhpharmacy.com
Diplomat Pharmacy - Compounding Pharmacy Assets 2015-09-10 - Divestiture
, United States
Burmans Specialty Pharmacy LLC 2015-06-19 73M USD Add-on Acquisition
Brookhaven, Pennsylvania · www.burmansmedical.com
BioRx LLC 2015-04-01 210M USD Add-on Acquisition
Cincinnati, Ohio · www.biorx.net
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 5 (50%) 104M (11%) 1 (50%) -
Life Science 3 (30%) 805M (86%) - -
Business Services 1 (10%) 25M (3%) - -
Information Technology 1 (10%) - - -
Medical Products - - 1 (50%) -
Total 10 $933M 2 -

By Geo

State/Country Buy Value Sell Value
United States 10 933M 2 -
  Virginia 1 25M - -
  Tennessee 1 - - -
  Pennsylvania 1 73M - -
  Ohio 1 210M - -
  North Carolina 1 - - -
  New York 1 - - -
  Nebraska 1 31M - -
  Missouri 1 595M - -
  Connecticut 1 - - -
  California 1 - - -
  Florida - - 1 -
Total 10 $933M 2 -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 1
Legal Deals
Honigman
 2
Quarles & Brady
 1

Deal Values

buy # Total
$100M to $1B 2 $805M
< $100M 3 $128M
TOTAL $933M
Largest Leehar Distributors LLC
$595M (2017-11-15)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Healthcare Services

Revenue

5,493   23% 2018
4,485   2% 2017
4,410   31% 2016
3,367   53% 2015
2,214   47% 2014
1,515   35% 2013
1,126   2012
(millions of USD) Show More Show Less

Employees

1,565

Established

1975

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