M&A Deal Summary |
|
|---|---|
| Date | 1996-10-17 |
| Target | OrNda Health |
| Sector | Healthcare Services |
| Buyer(s) | Tenet Health |
| Sellers(s) | JLL Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 3.2B USD |
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| Category | Company |
|---|---|
| Founded | 1967 |
| Sector | Healthcare Services |
| Employees | 85,800 |
| Revenue | 19.2B USD (2022) |
Tenet Health is a provider of health care services company, through its subsidiaries operates 77 hospitals, 187 outpatient centers, and Conifer Health Solutions, a provider in business process solutions for health care providers serving more than 700 hospital and other clients nationwide. Tenet’s hospitals and related health care facilities are committed to providing high-quality care to patients in the communities they serve. Tenet Health was founded in 1967 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 6 |
| Sector (Healthcare Services) | 1 of 6 |
| Type (Add-on Acquisition) | 1 of 5 |
| State (Tennessee) | 1 of 2 |
| Country (United States) | 1 of 6 |
| Year (1996) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-28 |
Centro Médico Teknon S.L.
Barcelona, Spain Centro Médico Teknon S.L. is a private acute care hospitals. |
Sell | $90M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 5.8B USD |
| Size | Mega |
| Type | Sector Agnostic |
JLL Partners, Inc. is a private equity investment firm that invests alongside management in middle-market companies. JLL prefers control investments in sectors such as healthcare services, medical products, food and consumer products, chemicals, broadcasting, transportation, automotive, industrial manufacturing, and distribution. In addition to traditional buyout transaction, JLL also seeks distressed/turnaround situations. JLL Partners was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 20 |
| Sector (Healthcare Services) | 1 of 4 |
| Type (Add-on Acquisition) | 2 of 6 |
| State (Tennessee) | 1 of 3 |
| Country (United States) | 3 of 19 |
| Year (1996) | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1995-11-16 |
Liberty Broadcasting
Conshohocken, Pennsylvania, United States Liberty Broadcasting, Inc. was a major radio broadcasting group that owned 19 radio stations along the fast-growing Northeast/Mid-Atlantic corridor, more than any other radio broadcaster at that time. The Company’s strategy was to acquire underperforming radio stations in the top 50 radio markets, as well as quality stations owned by financially distressed companies. |
Sell | $223M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-01-15 |
Freedom Chemical
Huntington Beach, California, United States Freedom Chemical Co. was a leading global manufacturer of specialty and fine chemicals for sale to a variety of customers who used these chemicals to enhance the performance of their finished products. |
Sell | $375M |
