M&A Deal Summary

American Capital and Halpern Denny & Co. Acquire Beacon Hospice

On February 7, 2005, private equity firms American Capital and Halpern Denny & Co. acquired healthcare services company Beacon Hospice

Acquisition Highlights
  • This is American Capital’s 6th and Halpern Denny & Co.’s 3rd transaction in the Healthcare Services sector.
  • This is American Capital’s 137th and Halpern Denny & Co.’s 11th transaction in the United States.
  • This is American Capital’s 5th and Halpern Denny & Co.’s 2nd transaction in Massachusetts.
Investment Fate
  • Beacon Hospice was sold to a strategic buyer in 2014.

M&A Deal Summary

Date 2005-02-07
Target Beacon Hospice
Sector Healthcare Services
Buyer(s) American Capital
Halpern Denny & Co.
Deal Type Buyout (LBO, MBO, MBI)

Target

Beacon Hospice

Charlestown, Massachusetts, United States
Beacon Hospice is a hospice company in New England. The Company provides palliative care to patients in acute care, long term care and home settings.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

American Capital


Category Private Equity Firm
Founded 1997
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.


DEAL STATS #
Overall 142 of 265
Sector: Healthcare Services M&A 6 of 10
Type: Buyout (LBO, MBO, MBI) M&A Deals 73 of 125
State: Massachusetts M&A 5 of 7
Country: United States M&A 137 of 253
Year: 2005 M&A 5 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-04 Wausau Financial Systems

Mosinee, Wisconsin, United States

Wausau Financial Systems, Inc. is a provider of fully-bundled software and hardware technology solutions for remittance and check processing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-01 Lion Beverage

Wilkes-Barre, Pennsylvania, United States

Lion Beverage is a full-service contract manufacturer of specialty beverages including energy drinks, non-alcoholic brewed beverages, better-for-you sodas, and craft beer. Lion Beverage offers brewing, blending, canning, bottling, and packaging services for an array of customers including large national beverage brands. Lion Beverage is based in Wilkes-Barre, Pennsylvania.

Sell -
Buyer

Halpern Denny & Co.

Boston, Massachusetts, United States

Category Private Equity Firm
Founded 1991
PE ASSETS 600M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Halpern, Denny & Co. is a private equity investment firm that targets management buyouts and high growth, late stage expansion financings. In general, investments range between $5 million to $50 million per portfolio company. Investments less than $5 million are considered if the potential for return is either very high or if there is a follow-on investment opportunity. Moreover, investments up to $100 million can be completed with Halpern Denny co-investors. Industries of particular interest to Halpern, Denny & Co. include consumer, media/communications, distribution, specialty manufacturing, and healthcare. Halpern, Denny & Co. was formed in 1991 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 11 of 11
Sector: Healthcare Services M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 7 of 7
State: Massachusetts M&A 2 of 2
Country: United States M&A 11 of 11
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-01 Physicians Dialysis

Beverly, Massachusetts, United States

Physicians Dialysis, Inc. provides dialysis treatment and renal care services.

Sell $150M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-19 Heartlab

Westerly, Rhode Island, United States

Heartlab, Inc. is a provider of digital imaging and archiving products and services for cardiac catheterization laboratories. Heartlab, Inc. develops and markets systems for management and archiving of cardiac catheterization images and related patient information. It develops application software and integrates systems using industry-standard computer hardware.

Sell $133M