MEDNAX Mergers and Acquisitions Summary

Healthcare ServicesCompany

MEDNAX has acquired 81 companies, including 7 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

MEDNAX’s largest acquisition to date was in 2015, when it acquired Virtual Radiologic for $500M. It’s largest disclosed sale occurred in 2020, when it sold MEDNAX Radiology Solutions to Radiology Partners for $885M. MEDNAX has acquired in 25 different US states. The Company’s most targeted sectors include healthcare services (97%) and information technology (4%).

Join Mergr and gain access to MEDNAX’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 Activity84
    • M&A Buy Activity81
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 5

MEDNAX

MEDNAX, Inc.

1301 Concord Terrace,
Sunrise, Florida 33323
United States,
(954) 384-0175
www.mednax.com

MEDNAX is a medical group that comprises the nation's providers of neonatal, anesthesia, maternal-fetal and pediatric medical and surgical subspecialty services. The Company is reshaping the delivery of care within its specialties and subspecialties using evidence-based tools, continuous quality initiatives and clinical research to enhance patient outcomes and provide high-quality, cost-effective care. MEDNAX was founded in 1979 and is based in Sunrise, Florida.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.0/yr) # 81 - - - - - 81
vol $500M $500M
Sell (0.6/yr) # - 1 2 - - - 3
vol $885M $885M
  84

Most Recent M&A

Company Date Value Type
MEDNAX Radiology Solutions 2020-09-10 885M USD Divestiture
Sunrise, Florida
American Anesthesiology, Inc. 2020-05-06 - Divestiture
Sunrise, Florida · www.americananesthesiology.com
Elevate Patient Financial Solutions, Inc. 2019-10-10 - Divestiture
Spring, Texas · www.elevatepfs.com
Bethesda Radiology Associates, Inc. 2018-11-26 - Add-on Acquisition
Boynton Beach, Florida · www.bethesdaweb.com
Associates in Diagnostic Radiology PC 2018-11-01 - Add-on Acquisition
Chattanooga, Tennessee
South Dade Neonatology LLC 2018-10-10 - Add-on Acquisition
Coral Gables, Florida · www.southdadeneonatology.com
Radiology Specialists Ltd. 2018-10-02 - Add-on Acquisition
Las Vegas, Nevada
Children’s Urology Associates, P.A. 2018-04-02 - Add-on Acquisition
, Pennsylvania
Cool Springs Interventional LLC 2018-03-27 - Add-on Acquisition
Franklin, Tennessee · www.coolspringsinterventional.com
Children’s Eye Care LLC 2018-03-21 - Add-on Acquisition
Kirkland, Washington · www.childrenseyecare.org
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Pediatrix Medical Group, Inc.    - Pediatrix Screening, Inc. 2008-02-29 1
Sunrise, Florida · www.pediatrix.com Bridgeville,, Pennsylvania

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 78 (96%) - 2 (67%) 885M (100%)
Information Technology 3 (4%) 500M (100%) 1 (33%) -
Total 81 $500M 3 $885M

By Geo

State/Country Buy Value Sell Value
United States 81 500M 3 885M
  Texas 15 - 1 -
  Tennessee 11 - - -
  Florida 9 - 2 885M
  Virginia 7 - - -
  North Carolina 4 - - -
  New York 4 - - -
  Nevada 4 - - -
  California 4 - - -
  Michigan 3 - - -
  Washington 2 - - -
  New Jersey 2 - - -
  Minnesota 2 500M - -
  Georgia 2 - - -
  Utah 1 - - -
  Pennsylvania 1 - - -
  Oregon 1 - - -
  Ohio 1 - - -
  Montana 1 - - -
  Missouri 1 - - -
  Mississippi 1 - - -
  Maryland 1 - - -
  Kansas 1 - - -
  Illinois 1 - - -
  Connecticut 1 - - -
  Arizona 1 - - -
Total 81 $500M 3 $885M

Top M&A Advisors

Financial Deals
Barclays Investment Bank
3
Guggenheim Securities
1
Legal Deals
DLA Piper
2
McDermott Will & Emery LLP
2
Cleary Gottlieb Steen & Hamilton LLP
2

Deal Values

buy # Total
$100M to $1B 1 $500M
TOTAL $500M
Largest Virtual Radiologic Corp.
$500M (2015-05-18)
sell # Total
$100M to $1B 1 $885M
TOTAL $885M
Largest MEDNAX Radiology Solutions
$885M (2020-09-10)

M&A Connections

Deals
Acquired from
Investor(s)
2%
2 (2%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

 Subscribe to unlock this and 189,202
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
  • 4.4K Private Equity Firms
  • 180K M&A Transactions
  • 185K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 68K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.