M&A Deal Summary |
|
|---|---|
| Date | 2017-08-16 |
| Target | Duly Health and Care |
| Sector | Healthcare Services |
| Buyer(s) |
Ares Private Equity Group
Athyrium Capital Management Guidon Partners |
| Sellers(s) | Summit Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 1.5B USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 24.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ares Private Equity Group is the private equity arm of Ares Management, a global alternative asset manager. The Ares Private Equity Group specializes in opportunistic majority/shared control investments in under-capitalized middle-market companies. Ares looks for companies with strong franchises and attractive growth opportunities. The Group prefers to be the lead investor and will invest across the capital structure, including common equity, preferred equity, convertible equity/debt and senior debt. Areas of interest include business services, defense, healthcare, manufacturing, industrial, energy and consumer products and services. Ares Private Equity Group was formed in 2003 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 71 of 126 |
| Sector: Healthcare Services M&A | 5 of 9 |
| Type: Secondary Buyout M&A Deals | 27 of 46 |
| State: Illinois M&A | 6 of 10 |
| Country: United States M&A | 55 of 93 |
| Year: 2017 M&A | 8 of 8 |
| Size (of disclosed) | 5 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-31 |
LBC
Pasay, Philippines LBC provides payments and money transfer, documents and mail, parcels and boxes, and cargo and logistics. LBC was founded in 1945 and is based in Pasay City, Phillippines. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-24 |
ReCommunity Holdings
Charlotte, North Carolina, United States ReCommunity is a recycling, recovery and repowering company that is focused on dramatically reducing the volume of land-filled waste through conversion into useful products such as recycled commodities, low-carbon energy, ReEngineered Feedstock, biofuels, and other value-added recycled products. ReCommunity Holdings was founded in 2011 and is based in Charlotte, North Carolina. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 2008 |
| PE ASSETS | 4.6B USD |
| Size | Large |
| Type | Sector Focused |
Athyrium Capital Management is a large asset manager focused on the healthcare sector. Athyrium invests in a wide range of financial instruments including royalties, structured credit, and equities as well as select special situations. Athyrium Capital was established in 2008 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 50 |
| Sector: Healthcare Services M&A | 5 of 12 |
| Type: Secondary Buyout M&A Deals | 4 of 6 |
| State: Illinois M&A | 1 of 3 |
| Country: United States M&A | 24 of 45 |
| Year: 2017 M&A | 5 of 7 |
| Size (of disclosed) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-02 |
PharMerica
Louisville, Kentucky, United States PharMerica is a provider of pharmacy services and serves the long-term care, hospital pharmacy management services, specialty home infusion, and oncology pharmacy markets. PharMerica was founded in 2006 and is based in Louisville, Kentucky. |
Buy | $1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-07 |
Biora Therapeutics
San Diego, California, United States Biora Therapeutics is a clinical-stage biotechnology company developing oral therapeutic-delivery platforms for needle-free systemic delivery of large molecules and targeted therapy delivery in the gastrointestinal tract. Biora Therapeutics was founded in 2010 and is based in San Diego, California. |
Buy | - |
Guidon Partners is a healthcare focused investment firm. It was formed in 2014 and is based in Richmond, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Healthcare Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 4 of 5 |
| Year: 2017 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-22 |
PE GI Solutions
Jamison, Pennsylvania, United States PE GI Solutions is a developer, manager, and owner of freestanding, single-specialty endoscopic Ambulatory Surgery Centers in partnership with practicing physicians and hospitals. PE GI Solutions was founded in 1998 and is based in Jamison, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-01 |
PE GI Solutions
Jamison, Pennsylvania, United States PE GI Solutions is a developer, manager, and owner of freestanding, single-specialty endoscopic Ambulatory Surgery Centers in partnership with practicing physicians and hospitals. PE GI Solutions was founded in 1998 and is based in Jamison, Pennsylvania. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 214 of 294 |
| Sector: Healthcare Services M&A | 23 of 34 |
| Type: Secondary Buyout M&A Deals | 34 of 64 |
| State: Illinois M&A | 7 of 9 |
| Country: United States M&A | 192 of 254 |
| Year: 2017 M&A | 9 of 15 |
| Size (of disclosed) | 5 of 51 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-08 |
Covenant Physician Partners
Nashville, Tennessee, United States Covenant Physician Partners is an operator of ambulatory surgery centers, physician practices, and ancillary services with a particular focus on gastroenterology and ophthalmology end markets. Covenant Physician Partners was founded in 2008 and is based in Nashville, Tennessee. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-11 |
Jamf
Minneapolis, Minnesota, United States Jamf provides enterprise device management and security software designed for Apple ecosystems. The Company’s cloud-based platform enables organizations to deploy, manage, and protect Apple devices across education, business, and government environments. Jamf was founded in 2002 and is headquartered in Minneapolis, Minnesota. |
Sell | - |
