Add-on Acquisition • Distribution

Express Scripts Holding Co. Acquires Priority Healthcare

On October 14, 2005, Express Scripts Holding Co. acquired distribution company Priority Healthcare for 1.3B USD

Acquisition Context
  • This is Express Scripts Holding Co.’s 1st transaction in the Distribution sector.
  • This is Express Scripts Holding Co.’s 3rd largest (disclosed) transaction.
  • This is Express Scripts Holding Co.’s 7th transaction in the United States.
  • This is Express Scripts Holding Co.’s 2nd transaction in Florida.

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M&A Deal Summary

Date October 14, 2005
Target Priority Healthcare
Sector Distribution
Buyer(s) Express Scripts Holding Co.
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target Company

Priority Healthcare

Lake Mary, Florida, United States
Priority, headquartered near Orlando, Fla., is one of the nation's largest biopharmaceutical pharmacy and distribution companies, and will become part of CuraScript, Express Scripts' wholly-owned specialty pharmacy subsidiary.
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Buyer Overview 1

Buyer

Express Scripts Holding Co.

St. Louis, Missouri, United States

Category Company
Founded 1986
Sector Healthcare Services
Employees25,900
Revenue 100.1B USD (2017)
DESCRIPTION

Express Scripts Holding Co. is a provider of integrated pharmacy-benefit management services. Services include network-pharmacy claims processing, home delivery, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. Express Scripts Holding Co. was formed in 1986 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 7 of 15
Sector: Distribution 1 of 1
Type: Add-on Acquisition 5 of 10
State: Florida 2 of 3
Country: United States 7 of 15
Year: 2005 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 CuraScript

Orlando, Florida, United States

CuraScript is dedicated to the delivery of extraordinary care, one patient at a time. Providing affordable, high quality care for complex chronic conditions requires cooperation among many healthcare experts. CuraScript offers a broad range of services for physicians, health plan sponsors, and pharmaceutical manufacturers to support the delivery of that care.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-11 ConnectYourCare

Hunt Valley, Maryland, United States

ConnectYourCare is a consumer-directed healthcare (CDH) account administrator focused on providing innovative, consumer-friendly tools to help patients successfully navigate the complexity of healthcare accounts.

Buy -