Providence Health & Services - M&A Summary and Business Overview

Healthcare ServicesCompany

Providence Health & Services M&A Summary

Providence Health & Services has acquired 2 companies, including 1 in the last 5 years. It has also divested 2 assets.

It’s largest disclosed sale occurred in 2023, when it sold Acclara Solutions to R1 RCM for $675M. Providence Health & Services has acquired in 1 US state. The Company’s most targeted sectors include healthcare services (50%) and information technology (50%).

Providence Health & Services Business Overview

Where is Providence Health & Services headquartered?

Providence Health & Services is headquartered in Renton, Washington.

How many employees does Providence Health & Services have?

Providence Health & Services has 68,706 employees.

What sector is Providence Health & Services in?

Providence Health & Services is a healthcare services company.

When was Providence Health & Services founded?

Providence Health & Services was founded in 1859.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 3

Providence Health & Services

1801 Lind Avenue SW Suite 9016,
Renton, Washington 98057
United States,
(425) 525-3355
www2.providence.org

Providence Health & Services is a provider of healthcare services.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
Sell (0.2/yr) # 1 - - - 1 - 2
vol $675M $675M
  4

Most Recent M&A

Company Date Value Type
Acclara Solutions LLC 2023-12-06 675M USD Divestiture
Houston, Texas · www.acclara.com
Lumedic, Inc. 2019-02-11 - Add-on Acquisition
Seattle, Washington · www.lumedic.io
Pathology Associates Medical Laboratories LLC 2017-02-23 - Divestiture
Spokane, Washington · www.paml.com
Swedish Health Services, Inc. (dba Swedish Medical Center) 2012-02-01 - Add-on Acquisition
Seattle, Washington · www.swedish.org
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
St. Joseph Health System    - Circle Women's Health Platform 2018-06-21 1
Irvine, California · www.stjhs.org , United States · www.circle-platform.com
St. Joseph Health System    - Eureka General Hospital 2000-12-22 1
Irvine, California · www.stjhs.org Eureka, California

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 1 (50%) - 2 (100%) 675M (100%)
Information Technology 1 (50%) - - -
Total 2 - 2 $675M

By Geo

State/Country Buy Value Sell Value
United States 2 - 2 675M
  Washington 2 - 1 -
  Texas - - 1 675M
Total 2 - 2 $675M

Top M&A Advisors

Financial Deals
BDT & Co. LLC
1
Legal Deals
McDermott Will & Emery
1
ArentFox Schiff LLP
1

Deal Values

sell # Total
$100M to $1B 1 $675M
TOTAL $675M
Largest Acclara Solutions LLC
$675M (2023-12-06)

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

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