M&A Deal Summary

CBI Health Acquires We Care Health Services

On September 30, 2013, CBI Health acquired healthcare services company We Care Health Services from Yellow Point Equity Partners

Acquisition Highlights
  • This is CBI Health’s 1st transaction in the Healthcare Services sector.
  • This is CBI Health’s 1st transaction in Canada.
  • This is CBI Health’s 1st transaction in Ontario.

M&A Deal Summary

Date 2013-09-30
Target We Care Health Services
Sector Healthcare Services
Buyer(s) CBI Health
Sellers(s) Yellow Point Equity Partners
Deal Type Add-on Acquisition

Target

We Care Health Services

Toronto, Ontario, Canada
We Care Health Services is a provider of nursing and personal support services to patients through both government funded and private pay programs. Serving 45 communities from coast to coast, We Care is one of the largest providers of home health care services in Canada. We Care Health Services is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

CBI Health

Toronto, Ontario, Canada

Category Company
Founded 1974
Sector Healthcare Services
DESCRIPTION

CBI Health is a provider of integrated health care services nationwide, offering comprehensive services in physiotherapy, occupational, behavioral and exercise therapies, as well as physician, chiropractic, psychology, nursing, speech, massage, home health and eldercare services. CBI Health was founded in 1974 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Yellow Point Equity Partners

Vancouver, British Columbia, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Yellow Point Equity Partners is a private equity group focused on management buyouts and growth investments in mid-sized companies located in Western Canada and the Northwest of the US. Yellow Point will consider opportunities in a wide range of sectors, including basic manufacturing, technology, communications, energy, financial, healthcare, and services. The Firm 'gravitates' towards businesses with established market positions and 'compelling' products. Yellow Point Equity Partners was formed in 2004 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 6 of 13
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 8
State: Ontario M&A 1 of 2
Country: Canada M&A 6 of 12
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-30 Remcan Projects

Langley, British Columbia, Canada

Remcan Projects is a provider of maintenance, construction, and emergency services to the Canadian railroad industry. Remcan Project delivers safety enhanced, high quality, innovative, and environmentally-focused maintenance and construction services to railway track owners and operators across Canada. Remcan Projects is based in Langley, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-12 Cast Steel Products

Edmonton, Alberta, Canada

Cast Steel Products is a provider of OEM and aftermarket customers of state-of-the-art and engineered cast, forged and fabricated wear, abrasion, and heat resistant products. Cast Steel Products is based in Alberta, Canada.

Buy -