M&A Deal Summary

Clinical Care Options Acquires PCE

On January 17, 2019, Clinical Care Options acquired education company PCE from Renovus Capital

Acquisition Highlights
  • This is Clinical Care Options’ 1st transaction in the Education sector.
  • This is Clinical Care Options’ 1st transaction in the United States.
  • This is Clinical Care Options’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2019-01-17
Target PCE
Sector Education
Buyer(s) Clinical Care Options
Sellers(s) Renovus Capital
Deal Type Merger

Target

PCE

Greenwich, Connecticut, United States
Practicing Clinicians Exchange is an operator of nurse practitioner (NP) and physician assistant (PA) company. PCE is an educational platform created specifically for NPs and PAs. The company provides NPs and PAs with live, home study, and Internet-based educational opportunities designed to meet their real-world clinical needs. Practicing Clinicians Exchange was founded in 2006 and is based in Greenwich, Connecticut.

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Buyer(S) 1

Buyer

Clinical Care Options

Reston, Virginia, United States
Category Company
Founded 2002
Sector Education
DESCRIPTION

Clinical Care Options is a premier medical education (CME), education technologies and medical publishing company. Utilizing its own proprietary technologies and best of breed portal technology, CCO is focused in specialty areas, including HIV, hepatitis, hematology and oncology. Educational activities and interactive resources are delivered via the learner's preferred methodology (live, online or print). Clinical Care Options was founded in 2002 and is based in Reston, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Merger) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Renovus Capital

Wayne, Pennsylvania, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2010
PE ASSETS 1.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Renovus Capital is a private equity firm focused on investing in small to mid-sized education companies. Specific areas of interest include for-profit colleges and schools, training companies, content providers, and technology and services businesses to education providers. Renovus looks for companies with 'strong growth prospects', proven business models and EBITDA of at least $3 million. Renovus Capital was formed in 2010 and is based in Wayne, Pennsylvania.

DEAL STATS #
Overall 2 of 15
Sector (Education) 2 of 7
Type (Merger) 1 of 2
State (Connecticut) 1 of 2
Country (United States) 2 of 14
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-02 TPC

Buffalo Grove, Illinois, United States

TPC engages in maintenance, repair, and operator training, with complete solutions for a 21st-century workforce to acquire, apply, and adapt essential technical and safety skills. TPC Training offers a complete portfolio of innovative industrial skills training methods, including online, live Instructor, VR, and innovative on-the-job simulations to fit every need and budget. TPC was founded in 1969 and is based in Buffalo Grove, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-19 Tempus Nova

Denver, Colorado, United States

Tempus Nova specializes in G Suite implementations, enterprise collaboration, custom application development, managed services, data visualization, business transformation, and workforce productivity. Tempus Nova was founded in 2001 and is based in Denver, Colorado.

Buy -
Mergr

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