M&A Deal Summary |
|
|---|---|
| Date | 2005-06-24 |
| Target | HMS Healthcare |
| Sector | Healthcare Services |
| Buyer(s) | Aetna |
| Sellers(s) |
American Capital
KRG Capital Partners WindRose Health Investors |
| Deal Type | Add-on Acquisition |
| Deal Value | 390M USD |
SEARCH BY
Try For Free 7-Day Free Trial
Aetna, Inc. is a diversified health care benefits company. Aetna offers medical, pharmaceutical, dental, behavioral health, long-term care, and disability health-care plans. Aetna was founded in 1853 and is based in Hartford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 14 |
| Sector (Healthcare Services) | 1 of 4 |
| Type (Add-on Acquisition) | 2 of 11 |
| State (Colorado) | 1 of 2 |
| Country (United States) | 3 of 13 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-07-20 |
Aetna Financial Services
Connecticut, United States Aetna Financial Services consists of Aetna's non-healthcare insurance products offerings. |
Sell | $7.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-24 |
Schaller Anderson
Phoenix, Arizona, United States Schaller Anderson is a national health care management and consulting company. We administer employers' self-funded health benefit plans and Medicaid health plans. Through innovative business strategies and customer-centered features, we offer a unique model that balances effective health care and cost management for every plan administered. Our affiliate, Schaller Anderson Behavioral Health, administers behavioral health benefits for individuals covered by public programs or commercial health plans. We also provide consulting services for a variety of health care clients. |
Buy | $535M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 22.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 194 |
| Sector (Healthcare Services) | 1 of 4 |
| Type (Add-on Acquisition) | 9 of 87 |
| State (Colorado) | 1 of 4 |
| Country (United States) | 22 of 186 |
| Year (2005) | 6 of 15 |
| Size (of disclosed) | 16 of 56 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-06-24 |
NPC
Milford, New Hampshire, United States NPC designs and manufactures flexible pipe-to-manhole connectors and equipment used in the installation of connectors in sanitary sewer and storm drain pipelines. Pre-cast concrete manufacturers throughout North America, Japan and Europe use NPC?s products. |
Buy | $30M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-06-28 |
Roadrunner Transportation
Downers Grove, Illinois, United States Roadrunner Transportation is an asset-light transportation and supply chain solutions provider offering a full suite of services, including less-than-truckload, truckload, temperature-controlled, intermodal, expedited, and domestic and international air. Roadrunner Transportation was founded in 2005 and is based in Downers Grove, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 4.4B USD |
| Size | Large |
| Type | Sector Agnostic |
KRG Capital Partners is a private equity investment firm focused on acquiring controlling interests in middle-market companies. Prospective transaction situations include owner recapitalizations, management buyouts of private companies, mangement buyouts of corporate divisions, outright purchases, and family successions. Target companies typically generate sales of $35 to $400 million and EBITDA of $10 to $100 million. Sectors of interest include healthcare services, medical technology and life sciences; business services and distribution; construction materials and services; transportation services; marketing; specialty finance and insurance; aerospace, defense, and government services; energy services and products; and infrastructure. KRG primarily looks for opportunities located in the US and Canada but will selectively consider investments in Western Europe. KRG was formed in 1996 and is based in Denver, Colorado with additional offices in Mill Valley, California and Las Vegas, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 41 |
| Sector (Healthcare Services) | 1 of 5 |
| Type (Add-on Acquisition) | 5 of 21 |
| State (Colorado) | 1 of 4 |
| Country (United States) | 6 of 40 |
| Year (2005) | 1 of 6 |
| Size (of disclosed) | 6 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-06-01 |
Varel Energy Solutions
Houston, Texas, United States Varel Energy Solutions is a manufacturer and supplier of high-quality roller cone and fixed cutter drill bits. The company's proprietary design capabilities, efficient manufacturing, and global sales force uniquely position to provide drill bits that deliver outstanding performance and value to customers. VIES is comprised of three business units: Varel Oil & Gas Drill Bits, Varel Mining, and Downhole Products. Varel Energy Solutions was founded in 1947 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-20 |
CIVCO Holdings
Kalona, Iowa, United States CIVCO Holding, Inc., (“CIVCO”) CIVCO is a global leader in the design, manufacture and marketing of specialized accessories, equipment and supplies that complement ultrasound and minimally invasive surgery for critical diagnostic and therapeutic procedures. CIVCO partners with the world’s leading medical OEMs to design manufacture and distribute innovative accessories including ultrasound image-guided biopsy systems, infection control products (transducer covers and surgical covers) and stabilizing and positioning systems, enabling ultrasound-guided diagnostic and therapeutic procedures. The Company also distributes a complete line of imaging supplies including SONY and Mitsubishi printers and consumable print media, transmission gels and warmers, disinfectants, cleansers and soaking systems. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 2.5B USD |
| Size | Large |
| Type | Sector Focused |
MTS Health Investors LLC is a specialist private investment firm focused on opportunities in the services sectors of the healthcare industry. Specific areas of interest include managed care/health insurance, healthcare providers, distributors of medical/products and providers of outsourced services. MTS also invests in low-technology medical product manufacturers. MTS makes equity investments in US based companies valued between $25 and $300 million. Prospective transaction types include buyouts, divestitures, recapitalizations, take-privates, acquisition financings, and growth financings. MTS Health Investors was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 26 |
| Sector (Healthcare Services) | 1 of 15 |
| Type (Add-on Acquisition) | 1 of 14 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 1 of 26 |
| Year (2005) | 1 of 2 |
| Size (of disclosed) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-05 |
HMS Healthcare
Greenwood Village, Colorado, United States HMS Healthcare, Inc. was a holding company that was established solely for the acquisition of Sloans Lake Managed Care ('SLMC') and PPOM LLC, two independent non-risk access preferred provider organizations ('PPOs'). |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-01 |
Housecall Medical Resources
Atlanta, Georgia, United States Housecall Medical Resources, Inc., develops into a multi-service-line home healthcare platform with strong geographic coverage in Tennessee and Florida, particularly in their rural markets. Housecall employed approximately 3,000 full and part time, largely female staff and served primarily elderly patients covered under the Medicare and Medicaid benefits. |
Sell | $106M |
