M&A Deal Summary

Civitas Solutions Acquires Tender Loving Care of Duluth

On March 2, 2016, Civitas Solutions acquired healthcare services company Tender Loving Care of Duluth

Acquisition Highlights
  • This is Civitas Solutions’ 5th transaction in the Healthcare Services sector.
  • This is Civitas Solutions’ 5th transaction in the United States.
  • This is Civitas Solutions’ 2nd transaction in Minnesota.

M&A Deal Summary

Date 2016-03-02
Target Tender Loving Care of Duluth
Sector Healthcare Services
Buyer(s) Civitas Solutions
Deal Type Add-on Acquisition

Target

Tender Loving Care of Duluth

Duluth, Minnesota, United States
Tender Loving Care of Duluth, Inc. is a provider of services to individuals with intellectual and developmental disabilities.

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Buyer(S) 1

Buyer

Civitas Solutions

Boston, United States

Category Company
Founded 1980
Sector Healthcare Services
Employees22,300
Revenue 1.5B USD (2017)
DESCRIPTION

Civitas Solutions is a provider of home- and community-based health and human services to must-serve individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. Since our founding in 1980, we have evolved from a single residential program to a diversified national network offering an array of quality services in 36 states. Civitas Solutions was established in 1980 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 5 of 14
Sector (Healthcare Services) 5 of 12
Type (Add-on Acquisition) 4 of 13
State (Minnesota) 2 of 3
Country (United States) 5 of 14
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-14 Cassell & Associates

Novi, Michigan, United States

Cassell & Associates LLC is a provider of non-residential therapeutic vocational services to individuals recovering from brain injuries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 ADH Centers

Maryland, United States

ADH Centers is a provider of person-centered day services to elders, including medication management and nutritional and nursing support.

Buy -