Tenet Healthcare Mergers and Acquisitions Summary

Healthcare Services Company

Tenet Healthcare has acquired 6 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 9 assets.

Tenet Healthcare’s largest acquisition to date was in 2013, when it acquired Vanguard Health Systems for $4.3B. It’s largest disclosed sale occurred in 2016, when it sold Tenet Healthcare - Atlanta-Area Hospitals & Related Operations to Wellstar Health System for $575M. Tenet Healthcare has acquired in 3 different US states. The Company’s most targeted sectors include healthcare services (100%).

Join Mergr and gain access to Tenet Healthcare’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the healthcare services sector.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity5
    • M&A Sell Activity9
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 13
  • M&A Advisors 4

Tenet Healthcare Corp.

1445 Ross Avenue, Suite 1400,
Dallas, Texas 75202
United States,
(469) 893-2200
www.tenethealth.com

Tenet Healthcare Corp. 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 Healthcare was founded in 1967 and is based in Dallas, Texas.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.2/yr) # 4 - - 1 - - 5
vol $7.5B $7.5B
Sell (0.8/yr) # 5 1 2 1 - - 9
vol $90M $575M $665M
  14

Most Recent M&A

Company Date Value Type
Golden State Medicare Health Plan 2018-12-04 - Divestiture
Cypress, California · www.gsmhp.com
United Surgical Partners International (USPI) 2018-04-26 - Add-on Acquisition
Saint Louis, Missouri · www.uspi.com
Tenet Healthcare - Three Houston Hospitals 2017-05-01 - Divestiture
Houston, United States
Harbor Health Plan, Inc. 2017-02-28 - Divestiture
Detroit, Michigan · www.harborhealthplan.com
Tenet Healthcare - Atlanta-Area Hospitals & Related Operations 2016-04-01 575M USD Divestiture
Dallas, Texas
Tenet Healthcare - North Carolina Hospitals 2015-11-03 - Divestiture
, North Carolina
Vanguard Health Systems, Inc. 2013-06-24 4.3B USD Add-on Acquisition
Nashville, Tennessee · www.vanguardhealth.com
Emanuel Medical Center, Inc. 2013-02-21 - Add-on Acquisition
Turlock, California · www.emanuelmedicalcenter.com
San Ramon Regional Medical Center, LLC 2013-01-24 - Joint Venture
San Ramon, California · www.sanramonmedctr.com
Encino Hospital Medical Center 2008-06-02 - Divestiture
Encino, California
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Conifer Health Solutions LLC    - SPi Healthcare 2014-09-23 2
Dallas, Texas · www.coniferhealth.com , United States
Conifer Health Solutions LLC    - InforMed LLC 2012-10-01 1
Dallas, Texas · www.coniferhealth.com Annapolis, Maryland · www.InforMed-LLC.com

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 5 (100%) 7.5B (100%) 9 (100%) 665M (100%)
Total 5 $7.5B 9 $665M

By Geo

State/Country Buy Value Sell Value
United States 5 7.5B 8 575M
  California 2 - 4 -
  Tennessee 2 7.5B - -
  Missouri 1 - - -
  Texas - - 1 575M
  North Carolina - - 1 -
  Michigan - - 1 -
Spain - - 1 90M
Domestic 5 (100%) 7.5B (100%) 8 (89%) 575M (86%)
Cross-border - - 1 (11%) 90M (14%)
Total 5 $7.5B 9 $665M

Top M&A Advisors

Financial Deals
Barclays Investment Bank
1
Bank of America Merrill Lynch
1
Lazard Ltd.
1
Legal Deals
Gibson, Dunn & Crutcher LLP
1

Deal Values

buy # Total
> $1B 2 $7.5B
TOTAL $7.5B
Largest Vanguard Health Systems, Inc.
$4.3B (2013-06-24)
sell # Total
$100M to $1B 1 $575M
< $100M 1 $90M
TOTAL $665M
Largest Tenet Healthcare - Atlanta-Area Hospitals & Related Operations
$575M (2016-04-01)

M&A Connections

Deals %
Acquired from
PE Firm(s)
100%
4 100%
Divested to
PE Firm(s)
11%
1 11%
Strategic(s)
89%
8 89%

 Subscribe to unlock this and 148,010
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
  • 3.8K Private Equity Firms
  • 135K M&A Transactions
  • 144K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.0K M&A Advisors
    (Investment Banks and Law Firms)
  • 37K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.