M&A Deal Summary |
|
|---|---|
| Date | 2019-06-06 |
| Target | Beacon Health Options |
| Sector | Healthcare Services |
| Buyer(s) | Elevance Health |
| Sellers(s) |
Bain Capital Private Equity
Diamond Castle Holdings |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Insurance |
| Employees | 104,200 |
| Revenue | 176.8B USD (2024) |
Elevance Health is a health benefits company serving customers throughout the United States. Through its networks nationwide, the company delivers a number of leading health benefit solutions through a broad portfolio of integrated health care plans and related services, along with a wide range of specialty products such as life and disability insurance benefits, dental, vision, behavioral health benefit services, as well as long term care insurance and flexible spending accounts. Elevance Health was established in 2001 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 25 |
| Sector: Healthcare Services M&A | 13 of 18 |
| Type: Add-on Acquisition M&A Deals | 16 of 20 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 18 of 23 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-23 |
Aspire Health
Nashville, Tennessee, United States Aspire Health, Inc. is an on-hospice, community-based palliative care provider. Aspire Health is based in Nashville, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-02 |
MMM Holdings
San Juan, Puerto Rico MMM is a vertically integrated healthcare organization that represents the ninth-largest MA plan in the country and second-largest Medicaid plan on the island of Puerto Rico. MMM seeks to provide its members with a whole-health experience through its network of specialized clinics and wholly-owned independent physician associations (IPAs) Castellana Physicians Services and PHM as well as independent IPAs; together the MMM network includes more than 10,000 healthcare providers and more than a dozen offices across Puerto Rico. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 44.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.
| DEAL STATS | # |
|---|---|
| Overall | 123 of 152 |
| Sector: Healthcare Services M&A | 7 of 8 |
| Type: Add-on Acquisition M&A Deals | 34 of 41 |
| State: Massachusetts M&A | 7 of 8 |
| Country: United States M&A | 74 of 87 |
| Year: 2019 M&A | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-01 |
Imperial Dade
Jersey City, New Jersey, United States Imperial Dade is an independent distributor of consumable paper and plastic packaging and supplies sold primarily to the restaurant and retail industries in the New York Tri-State area. Imperial Dade sells foodservice products, healthcare supplies, bags and liners, chemicals, janitorial goods, and safety supplies. Imperial Dade was founded in 1932 and is based in Jersey City, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-26 |
EnterpriseDB
Bedford, Massachusetts, United States EnterpriseDB is a provider of Postgres software and services that enable enterprises to reduce their reliance on costly proprietary solutions and slash their database spend by 90% or more. With powerful performance and security enhancements for PostgreSQL, sophisticated management tools for global deployments and database compatibility for Oracle, EnterpriseDB software supports both mission and non-mission critical enterprise applications. EnterpriseDB was founded in 2004 and is based in Bedford, Massachusetts. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Diamond Castle Holdings is a private equity firm that makes leveraged buyout, recapitalization, growth capital, and equity-like investments companies. Diamond Castle Holdings invests in energy & power, financial services, and healthcare sectors. Diamond Castle was formed in 2004 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Healthcare Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 6 of 6 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-10 |
ProDirectional
Conroe, Texas, United States ProDirectional is an independent provider of directional and horizontal drilling services to oil and natural gas exploration and production companies. Professional Directional provides a complete suite of directional drilling services including well planning and engineering, downhole motor technology and guidance, and measurement while drilling services. ProDirectional was founded in 2001 and is based in Conroe, Texas. |
Sell | - |