M&A Deal Summary

Celtic Group Acquires Novasys Health

On May 6, 2010, Celtic Group acquired healthcare services company Novasys Health

Acquisition Highlights
  • This is Celtic Group’s 1st transaction in the Healthcare Services sector.
  • This is Celtic Group’s 1st transaction in the United States.
  • This is Celtic Group’s 1st transaction in Arkansas.

M&A Deal Summary

Date 2010-05-06
Target Novasys Health
Sector Healthcare Services
Buyer(s) Celtic Group
Deal Type Add-on Acquisition

Target

Novasys Health

Little Rock, Arkansas, United States
Novasys Health LLC, a health plans service company.

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Buyer(S) 1

Buyer

Celtic Group

Chicago, Illinois, United States

Category Company
Founded 1978
Sector Insurance
Employees120
DESCRIPTION

Celtic Group, Inc., the parent company of Celtic Insurance Company, is a nationwide health insurance carrier based in Chicago, Illinois that provides health insurance to individual customers and their families.


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: Arkansas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1