M&A Deal Summary

Healthcare Services Group Acquires Platinum Health Services

On July 11, 2013, Healthcare Services Group acquired chemicals company Platinum Health Services

Acquisition Highlights
  • This is Healthcare Services Group’s 1st transaction in the Chemicals sector.
  • This is Healthcare Services Group’s 2nd transaction in the United States.
  • This is Healthcare Services Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2013-07-11
Target Platinum Health Services
Sector Chemicals
Buyer(s) Healthcare Services Group
Deal Type Add-on Acquisition
Advisor(s) Moelis & Co. (Financial)

Target

Platinum Health Services

Davenport, Florida, United States
Platinum is a privately-held provider of professional housekeeping, laundry and maintenance services to long-term and post-acute care facilities.

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Buyer(S) 1

Buyer

Healthcare Services Group

Bensalem, Pennsylvania, United States

Category Company
Founded 1976
Sector Business Services
Employees35,300
Revenue 1.7B USD (2024)
DESCRIPTION

Healthcare Services Group has delivered exceptional housekeeping/laundry and dining/nutrition services to an ever-changing healthcare industry. Healthcare Services Group was founded in 1976 and is based in Bensalem, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Summit Services Group

Newton, Massachusetts, United States

Summit Services Group, Inc. provides housekeeping, laundry, linen, and facility maintenance services to non-acute healthcare industries in the United States.

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