Rite Aid Mergers and Acquisitions Summary

Retail Company

Rite Aid has acquired 13 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Rite Aid’s largest acquisition to date was in 1996, when it acquired Thrifty PayLess for $2.3B. It’s largest disclosed sale occurred in 2000, when it sold PCS Health Systems to JLL Partners for $1.0B. Rite Aid has acquired in 12 different US states. The Company’s most targeted sectors include retail (59%) and healthcare services (25%).

Join Mergr and gain access to Rite Aid’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the retail sector.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity12
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5
  • M&A Advisors 2

Rite Aid Corp.

30 Hunter Lane,
Camp Hill, Pennsylvania 17011
United States,
(717) 761-2633
www.riteaid.com

Rite Aid Corp. is a drugstore chain with approximately 4,600 stores in 31 states and the District of Columbia. Rite Aid was founded in 1927 and is based in Camp Hill, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.4/yr) # 10 - - 1 1 - 12
vol $5.9B $95M $6.0B
Sell (0.0/yr) # 1 - - - - - 1
vol $1.0B $1.0B
  13

Most Recent M&A

Company Date Value Type
Bartell Drugs 2020-10-07 95M USD Add-on Acquisition
Seattle, Washington · www.bartelldrugs.com
East Hills Family Pharmacy 2019-06-18 - Add-on Acquisition
Johnstown, Pennsylvania · www.easthillsfamilypharmacy.co
Envision Pharmaceutical Services, Inc. 2015-06-24 2.0B USD Add-on Acquisition
Twinsburg, Ohio · www.envisionrx.com
RediClinic LLC 2014-04-10 - Add-on Acquisition
Houston, Texas · www.rediclinic.com
Health Dialog Services Corp. 2014-04-01 - Add-on Acquisition
Boston, Massachusetts · www.healthdialog.com
PCS Health Systems Inc. 2000-07-12 1.0B USD Divestiture
Scottsdale, Arizona · www.pcshs.com
PCS Health Systems Inc. 1998-11-18 1.5B USD Divestiture
Scottsdale, Arizona · www.pcshs.com
Harco, Inc. 1997-07-21 - Add-on Acquisition
Tuscaloosa, Alabama
K&B, Inc. 1997-07-21 - Add-on Acquisition
New Orleans, Louisiana
Thrifty PayLess, Inc. 1996-10-14 2.3B USD Add-on Acquisition
Los Angeles, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 7 (58%) 2.5B (42%) - -
Healthcare Services 3 (25%) 1.5B (25%) 1 (100%) 1.0B (100%)
Food 1 (8%) - - -
Medical Products 1 (8%) 2.0B (33%) - -
Total 12 $6.0B 1 $1.0B

By Geo

State/Country Buy Value Sell Value
United States 12 6.0B 1 1.0B
  Arizona 1 1.5B 1 1.0B
  Washington 1 95M - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  Oregon 1 - - -
  Ohio 1 2.0B - -
  New York 1 - - -
  Michigan 1 132M - -
  Massachusetts 1 - - -
  Louisiana 1 - - -
  California 1 2.3B - -
  Alabama 1 - - -
Total 12 $6.0B 1 $1.0B

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom LLP
1

Deal Values

buy # Total
> $1B 3 $5.8B
$100M to $1B 1 $132M
< $100M 1 $95M
TOTAL $6.0B
Largest Thrifty PayLess, Inc.
$2.3B (1996-10-14)
sell # Total
> $1B 1 $1.0B
TOTAL $1.0B
Largest PCS Health Systems Inc.
$1.0B (2000-07-12)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
8%
1 (8%)
Divested to
Investor(s)
100%
1 (100%)
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 164,188
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
  • 4.1K Private Equity Firms
  • 153K M&A Transactions
  • 160K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 49K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.