M&A Deal Summary

Bright Health Management Acquires Brand New Day

On January 8, 2020, Bright Health Management acquired business services company Brand New Day

Acquisition Highlights
  • This is Bright Health Management’s 1st transaction in the Business Services sector.
  • This is Bright Health Management’s 2nd transaction in the United States.
  • This is Bright Health Management’s 1st transaction in California.

M&A Deal Summary

Date 2020-01-08
Target Brand New Day
Sector Business Services
Buyer(s) Bright Health Management
Deal Type Add-on Acquisition

Target

Brand New Day

Westminster, California, United States
Universal Care, Inc. provides healthcare services. Brand New Day serves Medicare eligible seniors and special needs populations in 12 counties through their extensive provider network of over 7,300 PCPs and 22,300 specialists. Universal Care, Inc. was established in 1985 and is based in Westminster, California.

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Buyer(S) 1

Buyer

Bright Health Management

Englewood, Colorado, United States

Category Company
Founded 2015
Sector Insurance
DESCRIPTION

Bright Health Management, Inc. is a provider of simple and affordable health insurance that connects you to enhanced care and compassionate providers more easily than you ever thought possible. Bright Health Management, Inc. was founded in 2015 and is based in Englewood, Colorado.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-21 Spyder Trap

Minneapolis, Minnesota, United States

Spyder Trap is a digital marketing agency that provides web and mobile application development, SEO, SMO and email marketing solutions. Spyder Trap was established in 2008 and is based in Minneapolis, Minnesota.

Buy -