M&A Deal Summary

DLP Healthcare Acquires Tenet Healthcare - North Carolina Hospitals

On November 3, 2015, DLP Healthcare acquired healthcare services company Tenet Healthcare - North Carolina Hospitals from Tenet Health

Acquisition Highlights
  • This is DLP Healthcare’s 3rd transaction in the Healthcare Services sector.
  • This is DLP Healthcare’s 3rd transaction in the United States.
  • This is DLP Healthcare’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2015-11-03
Target Tenet Healthcare - North Carolina Hospitals
Sector Healthcare Services
Buyer(s) DLP Healthcare
Sellers(s) Tenet Health
Deal Type Divestiture

Target

Tenet Healthcare - North Carolina Hospitals

North Carolina, United States
Tenet Healthcare - North Carolina Hospitals included in the sale are the 137-bed Central Carolina Hospital in Sanford and the 355-bed Frye Regional Medical Center in Hickory, as well as 19 physician practices.

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Buyer(S) 1

Buyer

DLP Healthcare

Brentwood, Tennessee, United States

Category Company
Sector Healthcare Services
DESCRIPTION

DLP Healthcare LLC operates a group of hospitals with more than 60 hospital campuses across the U.S. DLP Healthcare, LLC, a joint venture company between Duke University Health System, Inc. and Lifepoint Hospitals Inc.


DEAL STATS #
Overall 3 of 3
Sector: Healthcare Services M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-14 Conemaugh Health System

Johnstown, Pennsylvania, United States

Conemaugh Health System, Inc. offers inpatient and outpatient health care services.

Buy -

Seller(S) 1

SELLER

Tenet Health

Dallas, Texas, United States

Category Company
Founded 1967
Sector Healthcare Services
Employees74,480
Revenue 20.7B USD (2024)
DESCRIPTION

Tenet Health is a provider of health care services company, through its subsidiaries operates 77 hospitals, 187 outpatient centers, and Conifer Health Solutions, a provider in business process solutions for health care providers serving more than 700 hospital and other clients nationwide. Tenet Health was founded in 1967 and is based in Dallas, Texas.


DEAL STATS #
Overall 5 of 11
Sector: Healthcare Services M&A 5 of 11
Type: Divestiture M&A Deals 5 of 11
State: North Carolina M&A 1 of 1
Country: United States M&A 4 of 10
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-23 United Surgical Partners International

Addison, Texas, United States

United Surgical Partners International, Inc. is a develops ambulatory surgery centers primarily in partnership with hospitals and with physicians in the U.S.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 Tenet Healthcare - Atlanta-Area Hospitals & Related Operations

Dallas, Texas, United States

Tenet Healthcare - Atlanta-Area Hospitals & Related Operations comprises hospitals and related facilities. The asset is located in the United States.

Sell $575M