M&A Deal Summary |
|
|---|---|
| Date | 2023-11-16 |
| Target | Equiti |
| Sector | Healthcare Services |
| Buyer(s) |
GTCR
Monroe Capital Heritage Group |
| Sellers(s) | UpHealth |
| Deal Type | Divestiture |
| Deal Value | 180M USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 15.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 140 of 157 |
| Sector: Healthcare Services M&A | 23 of 25 |
| Type: Divestiture M&A Deals | 11 of 12 |
| State: Florida M&A | 13 of 13 |
| Country: United States M&A | 135 of 148 |
| Year: 2023 M&A | 6 of 6 |
| Size (of disclosed) | 17 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-13 |
Foundation Source
Fairfield, Connecticut, United States Foundation Source is a provider of comprehensive support services for private foundations. Foundation Source complete outsourced solutions include foundation creation (as needed), administrative support, active compliance monitoring, philanthropic advisory, tax, and legal expertise, and online foundation management tools. Foundation Source provides its services to more than 1,600 family, corporate, and professionally staffed foundations, of all sizes, nationwide. Foundation Source was founded in 2001 and is based in Fairfield, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-12 |
RevSpring
Nashville, Tennessee, United States RevSpring is a provider of multi-channel billing and communications solutions to the healthcare and financial services industries. The company helps customers accelerate revenue through an end-to-end platform of offerings that includes physical and electronic invoices, consumer payment portals, data cleansing solutions, and analytics tools that validate consumer identities and optimize engagement. It serves a diversified client base of approximately 2,000 health systems & hospitals, revenue cycle management providers, and financial services organizations. RevSpring was formed in 1997 and is based in Wixom, Michigan. |
Sell | - |
| Category | Lender |
|---|---|
| Founded | 2004 |
| PE ASSETS | 14.1B USD |
| Size | Mega |
| Type | Sector Agnostic |
Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the US and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is a generalist investor and will consider companies in the healthcare, technology, media, retail, consumer sectors. Monroe Capital was formed in 2004 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 106 of 135 |
| Sector: Healthcare Services M&A | 7 of 7 |
| Type: Divestiture M&A Deals | 7 of 7 |
| State: Florida M&A | 5 of 6 |
| Country: United States M&A | 105 of 134 |
| Year: 2023 M&A | 10 of 11 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-27 |
Central Moloney
Pine Bluff, Arkansas, United States Central Moloney is a manufacturer of critical infrastructure products for the U.S. electrical grid. CMI is a partner to leading utilities throughout the U.S., offering a full suite of customizable distribution transformers and transformer components. The Company operates three transformer and component manufacturing facilities with a combined 577,000 sq. ft. across Panama City Beach, Fla. Central Moloney was founded in 1949 and is based in Pine Bluff, Arkansas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-27 |
Newman Machine
Browns Summit, North Carolina, United States Newman Machine specializes in designing and engineering a wide range of equipment, such as planers, grinders, and sanders. Newman Machine was founded in 1907 and is based in Browns Summit, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Focused |
Heritage Group is a private equity firm focused on healthcare companies throughout the US. The Firm seeks to make majority and minority investments in high-growth healthcare services and healthcare technology businesses. Heritage Group was established in 1986 and is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 13 |
| Sector: Healthcare Services M&A | 9 of 9 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 12 of 13 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-24 |
EQUUM Medical
New York City, New York, United States EQUUM Medical is an acute-care telemedicine provider that partners with hospital systems to understand their unique pain points and strategic goals and tailors its teleICU programs to meet those needs. EQUUM Medical is based in New York City, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-12 |
Nationwide Medical
Calabasas, California, United States Nationwide Medical is a home medical equipment and clinical services provider serving patients with chronic sleep and respiratory conditions. The company operates in 49 states and serves over 100,000 patients. Nationwide Medical was founded in 2002 and based in Calabasas, California. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Healthcare Services |
| Employees | 611 |
| Revenue | 130M USD (2023) |
UpHealth is a global digital health company that delivers digital-first technology, infrastructure and services to dramatically improve how healthcare is delivered and managed. UpHealth is based in Delray Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Healthcare Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
