M&A Deal Summary

Health Net Acquires Health Net of the Northeast

On December 11, 2009, Health Net acquired healthcare services company Health Net of the Northeast

Acquisition Highlights
  • This is Health Net’s 1st transaction in the Healthcare Services sector.
  • This is Health Net’s 1st transaction in the United States.
  • This is Health Net’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2009-12-11
Target Health Net of the Northeast
Sector Healthcare Services
Buyer(s) Health Net
Deal Type Add-on Acquisition

Target

Health Net of the Northeast

Shelton, Connecticut, United States
Health Net of the Northeast LLC is a provider of healthcare services.

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Buyer(S) 1

Buyer

Health Net

Woodland Hills, California, United States

Category Company
Founded 1979
Sector Insurance
Employees7,565
Revenue 14.0B USD (2014)
DESCRIPTION

Health Net, Inc. is a health care company. The company’s health plans and government contracts subsidiaries provide health benefits to approximately 6.6 million individuals across the country through group, individual, Medicare, Medicaid and TRICARE and Veterans Affairs programs.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1