M&A Deal Summary

PromptCare Acquires Coastal Infusion Services

On May 6, 2024, PromptCare acquired healthcare services company Coastal Infusion Services

Acquisition Highlights
  • This is PromptCare’s 6th transaction in the Healthcare Services sector.
  • This is PromptCare’s 7th transaction in the United States.
  • This is PromptCare’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2024-05-06
Target Coastal Infusion Services
Sector Healthcare Services
Buyer(s) PromptCare
Deal Type Add-on Acquisition

Target

Coastal Infusion Services

Madisonville, Louisiana, United States
Coastal Infusion Services provides at-home and alternate-site infusion services throughout the southern U.S. It also cares for patients at six state-of-the-art Ambulatory Infusion Suites (AISs) strategically located throughout southern Louisiana. Coastal Infusion Services also provides an extensive portfolio of infusion and injection medications. Coastal Infusion Services was founded in 2017 and is based in Madisonville, Louisiana.

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Buyer(S) 1

Buyer

PromptCare

New Providence, New Jersey, United States
Category Company
Founded 1985
Sector Healthcare Services
DESCRIPTION

PromptCare is a regional provider of specialty respiratory and infusion services. The Company combines high-tech equipment and infusion drug therapies with a tailored, -high-touch service approach to deliver superior patient care, and is a preferred partner of hospitals, physicians, and payors in managing complex medical conditions such as ALS, chronic lung conditions, and a number of nutritional and autoimmune deficiencies. PromptCare was founded in 1985 and headquartered in New Providence, New Jersey.

DEAL STATS #
Overall 7 of 7
Sector (Healthcare Services) 6 of 6
Type (Add-on Acquisition) 6 of 6
State (Louisiana) 1 of 1
Country (United States) 7 of 7
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 NBN Infusions

Cherry Hill, New Jersey, United States

NBN Infusions, Inc. is a provider of home infusion and respiratory therapy services with a primary focus on managing specialty infusion therapies for patients with complex and chronic conditions. NBN Infusions was founded in 1990 and is based in Cherry Hill, New Jersey.

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