M&A Deal Summary

Cardinal Health Acquires TelePharm

On August 26, 2016, Cardinal Health acquired internet software and services company TelePharm

Acquisition Highlights
  • This is Cardinal Health’s 1st transaction in the Internet Software and Services sector.
  • This is Cardinal Health’s 35th transaction in the United States.
  • This is Cardinal Health’s 2nd transaction in Iowa.

M&A Deal Summary
Date 2016-08-26
Target TelePharm
Sector Internet Software and Services
Buyer(s) Cardinal Health
Deal Type Add-on Acquisition

Target

TelePharm

Iowa City, Iowa, United States
TelePharm provides a web-based platform to offer remote pharmacy services, such as approving prescriptions. TelePharm is based in Iowa City, Iowa.

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Buyer(S) 1

Buyer

Cardinal Health

Dublin, Ohio, United States
Category Company
Founded 1979
Sector Distribution
Employees47,040
Revenue 205.0B USD (2023)
DESCRIPTION
Entrance to Cardinal Health's corporate headquarters in Dublin, Ohio.
Entrance to Cardinal Health's corporate headquarters in Dublin, Ohio.

Cardinal Health is a distributor of healthcare products. Cardinal Health manufactures medical and surgical products and distributes pharmaceuticals and medical supplies worldwide. Cardinal Health was founded in 1979 and is based in Dublin, Ohio.

DEAL STATS #
Overall 38 of 43
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 34 of 38
State (Iowa) 2 of 2
Country (United States) 35 of 40
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-11 RainTree Oncology Services

San Diego, California, United States

RainTree Oncology Services is an independent group purchasing organization (GPO) for community oncology practices and clinics. RainTree is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-18 Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses

United States

Medtronic - Patient Care, Deep Vein Thrombosis & Nutritional Insufficiency Businesses encompass 23 product categories across multiple market settings, including numerous industry-leading brands, such as Curity, Kendall, Dover, Argyle and Kangaroo, which are used in nearly every U.S. hospital.

Buy $6.1B
Mergr

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