Add-on Acquisition • Healthcare Services

Helios Acquires Progressive Medical

On September 6, 2013, Helios acquired healthcare services company Progressive Medical

Acquisition Context

This is Helios’ 1st transaction in the Healthcare Services sector.
This is Helios’ 1st transaction in the United States.
This is Helios’ 1st transaction in Ohio.

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M&A Deal Summary
Date	September 6, 2013
Target	Progressive Medical
Sector	Healthcare Services
Buyer(s)	Helios
Deal Type	Add-on Acquisition

Target Company

Progressive Medical

Westerville, Ohio, United States

Progressive Medical is a workers' compensation pharmacy benefits and ancillary services provider whose responsibility is to make a difference. Through the delivery of PBM and ancillary services programs combined with unique third-party billing capabilities, evidence-based clinical programs, advanced clinical analytics, proactive government affairs and operational excellence, the company is accelerating change by providing more control and better financial and clinical outcomes for its clients.

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Buyer Overview 1

Buyer

Helios

Tampa, Florida, United States

Category	Company
Founded	1976
Sector	Healthcare Services

DESCRIPTION

Helios provides management of pharmacy benefits, durable medical equipment, home health care, and other ancillary services for workers’ compensation and auto no-fault insurance companies.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Healthcare Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ohio	1 of 1
Country: United States	1 of 1
Year: 2013	1 of 1

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