Add-on Acquisition • Insurance

Coventry Health Care Acquires Group Health Plan

On January 1, 1989, Coventry Health Care acquired insurance company Group Health Plan

Acquisition Context
  • This is Coventry Health Care’s 2nd transaction in the Insurance sector.
  • This is Coventry Health Care’s 3rd transaction in the United States.
  • This is Coventry Health Care’s 1st transaction in Montana.

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M&A Deal Summary

Date January 1, 1989
Target Group Health Plan
Sector Insurance
Buyer(s) Coventry Health Care
Deal Type Add-on Acquisition

Target Company

Group Health Plan

St. Louis, Montana, United States
Group Health Plan, Inc. is a provider of healthcare insurance products.
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Buyer Overview 1

Buyer

Coventry Health Care

Bethesda, Maryland, United States

Category Company
Founded 1986
Sector Insurance
Employees14,400
DESCRIPTION

Coventry Health Care, Inc. is a managed health care company that provides a wide range of health benefits and services to a broad cross section of employer and government-funded groups.


Deal Context for Buyer #
Overall 3 of 15
Sector: Insurance 2 of 7
Type: Add-on Acquisition 3 of 14
State: Montana 1 of 2
Country: United States 3 of 15
Year: 1989 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1988-01-01 HealthAmerica Pennsylvania

Pittsburgh, Pennsylvania, United States

HealthAmerica Pennsylvania, Inc. is a provider of healthcare services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 Southern Health Services

Richmond, Vermont, United States

Southern Health Services, Inc. is a provider of healthcare services.

Buy -