M&A Deal Summary

Medco Health Solutions Acquires UBC

On September 17, 2010, Medco Health Solutions acquired life science company UBC from Berkshire Partners and J.H. Whitney Capital Partners for 730M USD

Acquisition Highlights
  • This is Medco Health Solutions’ 1st transaction in the Life Science sector.
  • This is Medco Health Solutions’ 2nd largest (disclosed) transaction.
  • This is Medco Health Solutions’ 2nd transaction in the United States.
  • This is Medco Health Solutions’ 1st transaction in Pennsylvania.
Investment Fate
  • UBC was divested to a consortium of strategic buyers in 2013.
  • UBC was divested to a consortium of buyers in 2017.

M&A Deal Summary

Date 2010-09-17
Target UBC
Sector Life Science
Buyer(s) Medco Health Solutions
Sellers(s) Berkshire Partners
J.H. Whitney Capital Partners
Deal Type Add-on Acquisition
Deal Value 730M USD

Target

UBC

Blue Bell, Pennsylvania, United States
website
UBC engages in the biopharmaceutical market which provides integrated clinical, safety, and commercialization services. UBC brings together renowned scientific research and operations experts with innovative technologies, allowing for the best patient and healthcare provider experience. UBC was founded in 2003 and is based in Blue Bell, Pennsylvania.

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Buyer(S) 1

Buyer

Medco Health Solutions

Franklin Lakes, United States

website


Category Company
Founded 2003
Sector Healthcare Services
Employees22,000
DESCRIPTION

Medco Health Solutions, Inc. provides health cares servies for private and public employers, health plans, labor unions, government agencies, and individuals worldwide.


DEAL STATS #
Overall 2 of 2
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2010) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-10 Accredo Health Group

Memphis, Tennessee, United States

Accredo Health Group, Inc., provides specialty pharmacy and related services for patients with certain complex and chronic conditions through our unique Therapeutic Resource Centers.

Buy $2.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 UBC

Blue Bell, Pennsylvania, United States

UBC engages in the biopharmaceutical market which provides integrated clinical, safety, and commercialization services. UBC brings together renowned scientific research and operations experts with innovative technologies, allowing for the best patient and healthcare provider experience. UBC was founded in 2003 and is based in Blue Bell, Pennsylvania.

Sell -

Seller(S) 2

SELLER

Berkshire Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1984
PE ASSETS 16.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Berkshire Partners is a private equity firm focused on investing in businesses with strong management and that lead their respective markets. Berkshire will consider investments in both public and private companies. Prospective transactions for private companies include leveraged buyouts, recapitalizations, growth capital financings, and privatizations. Public company transactions include take-privates, PIPEs, and equity stakes. Berkshire generally looks to invest $50 to $500 million of equity capital per transaction in companies valued up to $2 billion. Sectors of interest include industrial manufacturing, consumer products, retailing, transportation, communications and business services. Berkshire Partners was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 28 of 58
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 11 of 20
State (Pennsylvania) 1 of 1
Country (United States) 25 of 49
Year (2010) 3 of 5
Size (of disclosed) 9 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-01 Electro-Motive Diesel

Lagrange, Illinois, United States

Electro-Motive Diesel designs, manufactures, and sells diesel-electric locomotives for the commercial railroad applications in the United States and internationally. The company provides railway transport and diesel engine solutions for intercity passenger, commuter, switching, freight, industrial, and mining applications. It also provides diesel power engines for marine propulsion, offshore and land based oil well drilling rigs, and stationary power generation, as well as OEM parts and services for rail, marine, and power generation applications.

Sell $820M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-28 ADS

Hilliard, Ohio, United States

Advanced Drainage Systems is a manufacturer of high-density polyethylene ('HDPE') corrugated pipe and related products. Advanced Drainage Systems was formed in 1966 and is based in Hilliard, Ohio.

Sell -
SELLER

J.H. Whitney Capital Partners

New Canaan, Connecticut, United States

website


Category Private Equity Firm
Founded 1946
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

J.H. Whitney & Co. is a private equity firm focused on small and middle-market buyouts and recapitalizations of US-based, growth-oriented companies. The Firm targets companies with $50 to $500 million in revenue and looks to invest $20 to $125 million per transaction. Industries of interest include consumer, healthcare, specialty manufacturing, and business services. J.H. Whitney & Co. was formed in 1946 and is based in New Canaan, Connecticut.


DEAL STATS #
Overall 5 of 24
Sector (Life Science) 1 of 3
Type (Add-on Acquisition) 3 of 7
State (Pennsylvania) 1 of 2
Country (United States) 4 of 23
Year (2010) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-08 UBC

Blue Bell, Pennsylvania, United States

UBC engages in the biopharmaceutical market which provides integrated clinical, safety, and commercialization services. UBC brings together renowned scientific research and operations experts with innovative technologies, allowing for the best patient and healthcare provider experience. UBC was founded in 2003 and is based in Blue Bell, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-25 Stauber Performance Ingredients

Fullerton, California, United States

Stauber Performance Ingredients, Inc. is a distributor of specialty products and ingredients to the nutritional, food, pharmaceutical, cosmetic and pet care industries.

Sell -