M&A Deal Summary

CVS Health Acquires Billnat

On January 1, 2018, CVS Health acquired retailer Billnat

Acquisition Highlights
  • This is CVS Health’s 7th transaction in the Retail sector.
  • This is CVS Health’s 13th transaction in the United States.
  • This is CVS Health’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2018-01-01
Target Billnat
Sector Retail
Buyer(s) CVS Health
Deal Type Add-on Acquisition
Advisor(s) SSG Capital Advisors (Financial)

Target

Billnat

Livonia, Michigan, United States
Billnat Corp. is a retail of pharmaceutical products based in Livonia, Michigan.

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Buyer(S) 1

Buyer

CVS Health

Woonsocket, Rhode Island, United States
Category Company
Founded 1996
Sector Healthcare Services
Employees219,000
Revenue 357.8B USD (2023)
DESCRIPTION
CVS Health office in Buffalo Grove, Illinois.
CVS Health office in Buffalo Grove, Illinois.

CVS Health operates retail pharmacies, and walk-in medical clinics, and is a pharmacy benefits manager. The Company enables people, businesses, and communities to manage health in a variety of ways. CVS Health advises patients on medications at CVS/pharmacy locations, helps clients control costs at CVS/caremark, and delivers care through CVS/specialty and CVS/minuteclinic. CVS Health was founded in 1996 and is based in Woonsocket, Rhode Island.

DEAL STATS #
Overall 13 of 18
Sector (Retail) 7 of 7
Type (Add-on Acquisition) 9 of 12
State (Michigan) 2 of 2
Country (United States) 13 of 18
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-03 Aetna

Hartford, Connecticut, United States

Aetna, Inc. is a diversified health care benefits company. Aetna offers medical, pharmaceutical, dental, behavioral health, long-term care, and disability health-care plans. Aetna was founded in 1853 and is based in Hartford, Connecticut.

Buy $77.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-05 Apothecary By Design

Portland, Maine, United States

Apothecary by Design is a specialty pharmacy focused on women’s health, hepatitis C and autoimmune disorders. Apothecary By Design was founded in 2008 and is based in Portland, Maine.

Buy -
Mergr

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