M&A Deal Summary

Optum Acquires Plus One

On January 1, 2013, Optum acquired healthcare services company Plus One from Crystal Ridge Partners

Acquisition Highlights
  • This is Optum’s 2nd transaction in the Healthcare Services sector.
  • This is Optum’s 9th transaction in the United States.
  • This is Optum’s 1st transaction in New York.

M&A Deal Summary
Date 2013-01-01
Target Plus One
Sector Healthcare Services
Buyer(s) Optum
Sellers(s) Crystal Ridge Partners
Deal Type Add-on Acquisition

Target

Plus One

New York, New York, United States
website
Plus One provides fitness and well-being services to clients across a broad range of industries, driving employee engagement in health and wellness programs. Plus One was founded in 1986 and is based in New York City.

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Buyer(S) 1

Buyer

Optum

Eden Prairie, Minnesota, United States

website

Category Company
Founded 1996
Sector Healthcare Services
DESCRIPTION

Optum offers health care services through information and technology to organizations that rely on them. Optum innovative products, services, and consulting to improve the delivery and operations of their business. Optum was founded in 1996 and is based in Eden Prairie, Minnesota.

DEAL STATS #
Overall 9 of 10
Sector (Healthcare Services) 2 of 2
Type (Add-on Acquisition) 9 of 10
State (New York) 1 of 1
Country (United States) 9 of 10
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-16 Axolotl

San Jose, California, United States

Axolotl is a developer of health information exchange solutions for states, communities, hospitals and health systems. The Company is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Aperture Credentialing

Louisville, Kentucky, United States

Aperture Credentialing is a provider of credentialing verification services for health providers. Aperture Credentialing is based in Louisville, Kentucky.

Sell -

Seller(S) 1

SELLER

Crystal Ridge Partners

Maplewood, New Jersey, United States

website

Category Private Equity Firm
Founded 2005
PE ASSETS 70M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Crystal Ridge Partners (CRP) is a private equity firm focused on buyouts, recapitalizations, and growth equity transactions of lower middle-market companies. CRP looks for opportunities in the manufacturing, value-added distribution, consumer products, traditional media, and specialty services sectors. The Firm targets companies with $10 to $50 million in sales and EBITDA of $1 to $4 million. CRP prefers businesses located in the Eastern US and Canada. Crystal Ridge Partners is based in Maplewood, New Jersey.

DEAL STATS #
Overall 3 of 4
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 1
Country (United States) 3 of 4
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-12 Processing Technologies

Aurora, Illinois, United States

Processing Technologies is a manufacturer of plastic extrusion processing machinery. PTi produces state-of-the-art machinery for the plastic and related compound sheet extrusion markets. The Company?s thermoplastic extruders can be utilized to form sheet, pipe, profiles, compounded or recycled pellets, fiber, and foam. The Company?s sheet extrusion systems enable the creation of many end-user products ranging from thermoformed plastic cups to complex, multi layer, barrier snack-food packaging.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-28 A.R.E. Accessories

Massillon, Ohio, United States

A.R.E. Accessories is a manufacturer of Caps and Covers (“Caps and Covers”) for pickup tucks, and provides contract manufacturing of large, highly engineered fiberglass parts. The Company serves the truck, agricultural, and specialty vehicle industries.

Sell -
Mergr

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