M&A Deal Summary |
|
|---|---|
| Date | 2024-01-04 |
| Target | Paragon Healthcare |
| Sector | Healthcare Services |
| Buyer(s) | Elevance Health |
| Sellers(s) | Peak Rock Capital |
| 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 | 25 of 25 |
| Sector: Healthcare Services M&A | 18 of 18 |
| Type: Add-on Acquisition M&A Deals | 20 of 20 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 23 of 23 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-28 |
Elevance Health - Life & Disability Business
Indianapolis, Indiana, United States Elevance Health's Life & Disability Business provides life, disability, and related employee benefits. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2012 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Peak Rock Capital is a generalist private equity firm that makes debt and equity investments in middle-market companies. The Firm targets businesses with $50 million to $1 billion in revenue and can commit up to $500 million per transaction. Sectors of interest include business services, consumer products, distribution, energy services, healthcare, industrials, manufacturing, media, and metals. Peak Rock will consider a variety of transaction situations - from leveraged buyouts and recapitalizations to special situations. Peak Rock is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 23 |
| Sector: Healthcare Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 8 of 10 |
| State: Texas M&A | 2 of 3 |
| Country: United States M&A | 15 of 21 |
| Year: 2024 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
CollegeNET
Portland, Oregon, United States CollegeNET is a developer of products for higher education, including the world’s first automated classroom scheduling system and the first patented system for serving institution-branded web-based admissions forms. CollegeNET was founded in 1979 and is based in Portland, Oregon. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-13 |
California Custom Fruits & Flavors
Irwindale, California, United States California Custom Fruits & Flavors is a developer and manufacturer of custom-formulated specialty ingredients & flavors. The company develops tailored solutions for its diverse customer base of brands, retailers, and co-manufacturers across numerous food products and channels. California Custom Fruits & Flavors was formed in 1986 and is based in Irwindale, California. |
Buy | - |
