Humana Mergers and Acquisitions Summary

Healthcare ServicesCompany

Humana has acquired 36 companies, including 8 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 6 assets.

Humana’s largest acquisition to date was in 2017, when it acquired Kindred Healthcare for $4.1B. It’s largest disclosed sale occurred in 2015, when it sold Concentra to Select Medical Holdings for $1.1B. Humana has acquired in 14 different US states. The Company’s most targeted sectors include healthcare services (84%) and insurance (14%).

Join Mergr and gain access to Humana’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the healthcare services sector.

M&A Summary

  • M&A Total Activity35
    • M&A Buy Activity30
    • M&A Sell Activity5
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 25
  • M&A Advisors 11

Humana

Humana, Inc.

Humana Building 500 West Main Street,
Louisville, Kentucky 40202
United States,
(502) 580-1000
www.humana.com

Humana Inc. is a managed health care company that markets and administers health insurance. Humana operates through three segments. These include Retail, Employer Group, and Healthcare Services. The Retail segment consists of Medicare and commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products, marketed directly to individuals. The Employer Group segment consists of Medicare and commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and voluntary benefit products. The Healthcare Services segment includes services offered to health plan members as well as to third parties, including pharmacy, provider services, home based services, integrated behavioral health services, and predictive modeling and informatics services. Humana was formed in 1961 and is based in Louisville, Kentucky.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (1.2/yr) # 24 2 1 2 - 1 30
vol $3.6B $4.9B $1.4B $9.9B
Sell (0.4/yr) # 3 1 - - - 1 5
vol $1.1B $1.1B
  35

Most Recent M&A

Company Date Value Type
Kindred Healthcare LLC 2021-06-21 - Add-on Acquisition
Louisville, Kentucky · www.kindredhealthcare.com
One Homecare Solutions 2021-06-14 - Add-on Acquisition
Miramar, Florida · www.onehome.health
Enclara Healthcare 2019-12-16 - Add-on Acquisition
Philadelphia, Pennsylvania · www.enclarahealthcare.com
Enclara Pharmacia, Inc. 2019-12-16 - Add-on Acquisition
Philadelphia, Pennsylvania · www.excellerx.com
Curo Health Services, Inc. 2018-04-23 1.4B USD Secondary Buyout
Mooresville, North Carolina · www.curohealthservices.com
Kindred Healthcare LLC 2017-12-19 4.1B USD Going Private
Louisville, Kentucky · www.kindredhealthcare.com
Kindred Healthcare, Inc. - Kindred at Home Division 2017-12-19 800M USD Divestiture
Louisville, Kentucky
Humana, Inc. - Long-Term Care Insurance Business 2017-11-06 - Divestiture
Louisville, Kentucky
Concentra, Inc. 2015-03-23 1.1B USD Divestiture
Addison, Texas · www.concentra.com
Healthrageous, Inc. 2013-09-27 - Add-on Acquisition
Boston, Maryland
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 25 (83%) 9.4B (94%) 3 (60%) 1.1B (100%)
Insurance 4 (13%) 562M (6%) 2 (40%) -
Information Technology 1 (3%) - - -
Total 30 $9.9B 5 $1.1B

By Geo

State/Country Buy Value Sell Value
United States 30 9.9B 5 1.1B
  Florida 7 1.7B 1 -
  Kentucky 3 4.9B 3 -
  Texas 4 844M 1 1.1B
  California 4 - - -
  Pennsylvania 2 - - -
  New York 2 - - -
  Minnesota 1 188M - -
  Maryland 1 - - -
  Louisiana 1 - - -
  Illinois 1 91M - -
  Georgia 1 360M - -
  Tennessee 1 245M - -
  Ohio 1 250M - -
  North Carolina 1 1.4B - -
Total 30 $9.9B 5 $1.1B

Top M&A Advisors

Financial Deals
Evercore Group LLC
3
Goldman Sachs Investment Banking Division
2
Triple Tree LLC
2
Legal Deals
Fried Frank Harris Shriver & Jacobson LLP
5
Crowell & Moring LLP
2
Locke Lord LLP
1

Deal Values

buy # Total
> $1B 2 $5.5B
$100M to $1B 9 $4.3B
< $100M 3 $159M
TOTAL $9.9B
Largest Kindred Healthcare LLC
$4.1B (2017-12-19)
sell # Total
> $1B 1 $1.1B
TOTAL $1.1B
Largest Concentra, Inc.
$1.1B (2015-03-23)

M&A Connections

Deals
Acquired from
Investor(s)
33%
10 (33%)
Strategic(s)
17%
5 (17%)
Divested to
Investor(s)
20%
1 (20%)
Strategic(s)
80%
4 (80%)

 Subscribe to unlock this and 171,700
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

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
  • 4.2K Private Equity Firms
  • 161K M&A Transactions
  • 167K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 59K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.