M&A Deal Summary

City of Hope Acquires CTCA

On February 2, 2022, City of Hope acquired healthcare services company CTCA

Acquisition Highlights
  • This is City of Hope’s 1st transaction in the Healthcare Services sector.
  • This is City of Hope’s 1st transaction in the United States.
  • This is City of Hope’s 1st transaction in Florida.

M&A Deal Summary

Date 2022-02-02
Target CTCA
Sector Healthcare Services
Buyer(s) City of Hope
Deal Type Add-on Acquisition
Advisor(s) Goldman Sachs (Financial)
McDermott Will & Emery
Katten Muchin Rosenman (Legal)

Target

CTCA

Boca Raton, Florida, United States
CTCA is a network of oncology hospitals and outpatient care centers across the United States, expanding access to world-class research and cancer care to patients nationally. CTCA was founded in 1988 and is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

City of Hope

Duarte, California, United States

Category Company
Founded 1913
Sector Life Science
DESCRIPTION

City of Hope is one of the largest cancer research and treatment organizations in the U.S. and one of the leading research centers for diabetes and other life-threatening illnesses. City of Hope was founded in 1913 and is based in Duarte, California.


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: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1