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  6. CareSource Acquires Commonwealth Care Alliance

M&A Deal Summary

CareSource Acquires Commonwealth Care Alliance

On April 9, 2025, CareSource acquired healthcare services company Commonwealth Care Alliance

Acquisition Highlights
  • This is CareSource’s 1st transaction in the Healthcare Services sector.
  • This is CareSource’s 2nd transaction in the United States.
  • This is CareSource’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2025-04-09
Target Commonwealth Care Alliance
Sector Healthcare Services
Buyer(s) CareSource
Deal Type Add-on Acquisition

Target

Commonwealth Care Alliance

Boston, Massachusetts, United States
Commonwealth Care Alliance (CCA) is a multi-state integrated care system influencing innovative models of complex care nationwide. Mission-based and person-centered, CCA focuses on sustainable and evidence-based healthcare breakthroughs that improve the health and well-being of people with significant needs, and advocates policies that lead to healthcare equity for individuals who need it most. Commonwealth Care Alliance was formed in 2003 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

CareSource

Dayton, Ohio, United States
Category Company
Founded 1989
Sector Healthcare Services
DESCRIPTION

CareSource is a nonprofit, multi-state health plan recognized as a national leader in managed care. CareSource administers one of the nation’s largest Medicaid-managed care plans and offers a lifetime of access to care through health insurance, including Medicaid, Health Insurance Marketplace, Medicare Advantage, and dual-eligible programs. Headquartered in Dayton, Ohio, CareSource serves 2 million members in Georgia, Indiana, Kentucky, Ohio, and West Virginia. CareSource was founded in 1989 and is based in Dayton, Ohio.

DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 The Columbus Organization

Blue Bell, Pennsylvania, United States

The Columbus Organization is a provider of on-site professional staffing and consultative services, focusing exclusively on agencies that serve individuals with special needs. The Columbus Organization was founded in 1984 and is based in Blue Bell, Pennsylvania.

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