Buyout (LBO, MBO, MBI) • Healthcare Services

The Carlyle Group and Bourne Partners Strategic Capital Acquire WellDyneRx

On August 1, 2016, private equity firms The Carlyle Group and Bourne Partners Strategic Capital acquired healthcare services company WellDyneRx

Acquisition Context
  • This is The Carlyle Group’s 22nd and Bourne Partners Strategic Capital’s 1st transaction in the Healthcare Services sector.
  • This is The Carlyle Group’s 278th and Bourne Partners Strategic Capital’s 1st transaction in the United States.
  • This is The Carlyle Group’s 14th and Bourne Partners Strategic Capital’s 1st transaction in Florida.

Explore All 1105 Buyout (LBO, MBO, MBI) Healthcare Services Deals - Search the Database Free


M&A Deal Summary

Date August 1, 2016
Target WellDyneRx
Sector Healthcare Services
Buyer(s) The Carlyle Group
Bourne Partners Strategic Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) J.P. Morgan Securities (Financial)
GrayRobinson
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target Company

WellDyneRx

Lakeland, Florida, United States
WellDyneRx is a full-service pharmacy benefit manager. WellDyne excels at developing innovative and integrated health care solutions that enhance value for employers, health plans and members. The company’s unique approach to plan management enables it to provide its clients with the strategic business advantages they require to excel in today's dynamic health care environment. WellDyneRx takes an active interest in understanding clients' and members' health care goals, anticipating their needs and exceeding their expectations. WellDyneRx was founded in 1990 and is based in Lakeland, Florida.
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Buyers Overview 2

Buyer

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


Deal Context for Buyer #
Overall 564 of 750
Sector: Healthcare Services 22 of 28
Type: Buyout (LBO, MBO, MBI) 177 of 221
State: Florida 14 of 15
Country: United States 278 of 350
Year: 2016 13 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Sematic Group

Osio, Italy

Sematic Group is a supplier of elevators and elevator components headquartered in Osio Sotto, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-04 VXI Global Solutions

Los Angeles, California, United States

VXI Global Solutions is a provider of business process and information technology outsourcing offering comprehensive services to its clients. Our company specializes in call center and BPO services, software development, quality assurance testing, and infrastructure outsourcing. VXI Global Solutions was formed in 1997 and is based in Los Angeles, California.

Buy -
DESCRIPTION

Bourne Partners Strategic Capital is the direct investment arm of financial advisory firm Bourne Partners. Strategic Capital looks to partner with other sponsors and management teams to pursue investment opportunities in the pharmaceutical and consumer health sectors. The Group targets a variety of investment situations and will consider transactions valued between $50 million and $1 billion. Bourne Partners Strategic Capital is based in Charlotte, North Carolina.


Deal Context for Buyer #
Overall 1 of 6
Sector: Healthcare Services 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 3
State: Florida 1 of 1
Country: United States 1 of 4
Year: 2016 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-06 Curia

Albany, New York, United States

Curia is a contract development and manufacturing organization (CDMO) providing services from drug discovery through development and manufacturing for small molecules, generic APIs, and biologics. The company draws on many years of experience and operates globally with integrated facilities in North America, Europe, and Asia. Curia was founded in 1991 and is headquartered in Albany, New York.

Buy -