M&A Deal Summary

McKesson Acquires PCS Health Systems

On January 1, 1972, McKesson acquired healthcare services company PCS Health Systems

Acquisition Highlights
  • This is McKesson’s 1st transaction in the Healthcare Services sector.
  • This is McKesson’s 1st transaction in the United States.
  • This is McKesson’s 1st transaction in Arizona.
Investment Fate
  • PCS Health Systems was divested to a consortium of strategic buyers in 1994 for 4.4B USD.
  • PCS Health Systems was divested to a consortium of strategic buyers in 1998 for 1.5B USD.
  • PCS Health Systems was divested to a consortium of buyers in 2000 for 1.0B USD.

M&A Deal Summary

Date 1972-01-01
Target PCS Health Systems
Sector Healthcare Services
Buyer(s) McKesson
Deal Type Add-on Acquisition

Target

PCS Health Systems

Scottsdale, Arizona, United States
PCS Health Systems, Inc. is a pharmacy benefit manager, providing drug and health management solutions for health plans and patients. As America's premier pharmaceutical care system, PCS works to encourage proper drug use and helps to lower the cost of drugs for its clients. PCS manages and monitors approximately 300 million individual prescriptions each year representing $10 billion in drug expenditures.

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Buyer(S) 1

Buyer

McKesson

Irving, Texas, United States

Category Company
Founded 1833
Sector Information Technology
Employees45,000
Revenue 309.0B USD (2024)
DESCRIPTION
McKesson office in The Woodlands, Texas.
McKesson office in The Woodlands, Texas.

McKesson is a health care services and information technology company. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, health care information technology, and business and clinical services. McKesson was founded in 1833 and is based in Irving, Texas.


DEAL STATS #
Overall 1 of 51
Sector (Healthcare Services) 1 of 13
Type (Add-on Acquisition) 1 of 41
State (Arizona) 1 of 1
Country (United States) 1 of 36
Year (1972) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1994-07-12 PCS Health Systems

Scottsdale, Arizona, United States

PCS Health Systems, Inc. is a pharmacy benefit manager, providing drug and health management solutions for health plans and patients. As America's premier pharmaceutical care system, PCS works to encourage proper drug use and helps to lower the cost of drugs for its clients. PCS manages and monitors approximately 300 million individual prescriptions each year representing $10 billion in drug expenditures.

Sell $4.4B