M&A Deal Summary

Colonial Healthcare Acquires Padgett Medical Centers

On September 30, 2016, Colonial Healthcare acquired healthcare services company Padgett Medical Centers

Acquisition Highlights
  • This is Colonial Healthcare’s 1st transaction in the Healthcare Services sector.
  • This is Colonial Healthcare’s 2nd transaction in the United States.
  • This is Colonial Healthcare’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2016-09-30
Target Padgett Medical Centers
Sector Healthcare Services
Buyer(s) Colonial Healthcare
Deal Type Add-on Acquisition

Target

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.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 2 of 2
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: South Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-19 Benefit Partners Alliant

Bethesda, Maryland, United States

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

Buy -