M&A Deal Summary

Colonial Healthcare Acquires Benefit Partners Alliant

On October 19, 2004, Colonial Healthcare acquired insurance company Benefit Partners Alliant

Acquisition Highlights
  • This is Colonial Healthcare’s 1st transaction in the Insurance sector.
  • This is Colonial Healthcare’s 1st transaction in the United States.
  • This is Colonial Healthcare’s 1st transaction in Maryland.

M&A Deal Summary

Date 2004-10-19
Target Benefit Partners Alliant
Sector Insurance
Buyer(s) Colonial Healthcare
Deal Type Add-on Acquisition

Target

Benefit Partners Alliant

Bethesda, Maryland, United States
Benefit Partners, LLC is a provider of life, disability, and health insurance products and services.

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Buyer(S) 1

Buyer

Colonial Healthcare

Lanham, Maryland, United States

Category Company
Founded 1980
Sector Insurance
DESCRIPTION

Colonial Healthcare specializing in self-funded health insurance programs and employee administrative services for private and public employers. CHC’s full range of administrative services includes claims adjudication, member and provider services, and enrollment and information management services to provider organizations that offer health care coverage directly to employer groups.


DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Maryland) 1 of 1
Country (United States) 1 of 2
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-30 Padgett Medical Centers

Orangeburg, South Carolina, United States

Padgett Medical Centers is a family practice physician’s group with two convenient locations serving Orangeburg and Bamberg, South Carolina Communities.

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