M&A Deal Summary |
|
|---|---|
| Date | 2019-11-27 |
| Target | Clearpoint Health Network |
| Sector | Medical Products |
| Buyer(s) | Kensington Capital Partners |
| Sellers(s) | CareRx |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 2.8B CAD |
| Size | Large |
| Type | Sector Agnostic |
Kensington Capital Partners is a Canadian alternative asset manager focused on hedge funds, private equity, and infrastructure assets. Kensington makes private equity investments through its fund-of-funds and direct co-investment programs. Kensington Capital was formed in 1996 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 25 |
| Sector: Medical Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 11 of 13 |
| Country: Canada M&A | 14 of 19 |
| Year: 2019 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-02 |
Agnora
Collingwood, Ontario, Canada Agnora is a fabricator of oversized architectural glass for high-end retail, commercial, institutional and residential applications. Agnora is based in Collingwood, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-29 |
Valent
Dartmouth, Nova Scotia, Canada Valent is a diversified energy technology company focused on vertically integrating the value chain for sustainable aviation, marine and heavy land transport fuel. Valent convenes a coalition of energy industry stakeholders, institutional investors and seasoned entrepreneurs to deploy new low-carbon energy innovations such as sustainable aviation fuel, low-sulphur marine fuels, green hydrogen and renewable diesel. Valent was founded in 2019 and is based in Dartmouth, Nova Scotia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Life Science |
| Employees | 1,423 |
| Revenue | 367M CAD (2024) |
CareRx is a provider of pharmacy and other healthcare services to Canadian seniors. Centric Health is one of Canada’s major and most trusted providers of comprehensive Specialty Pharmacy services and solutions to seniors. Centric Health operates a large national network of pharmacy fulfillment centers that deliver high-volume solutions for the cost-effective supply of chronic medication and other specialty clinical pharmacy services, serving more than 31,000 residents in over 460 seniors communities (long-term care, retirement homes, and assisted living facilities) nationally. CareRx was founded in 2001 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Medical Products M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Ontario M&A | 3 of 3 |
| Country: Canada M&A | 3 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-22 |
CareRx Enterprises
Victoria, British Columbia, Canada CareRx Enterprises Ltd. is a provider of pharmacy services to seniors communities in British Columbia. CareRx currently serves approximately 1,500 beds at 26 long-term care and assisted living communities through its three fulfilment centres located in Vancouver, Victoria and Nanaimo. CareRx has strategic relationships and experience with specialized medication packaging and electronic documentation organizations to provide customers with the latest innovations in the marketplace, providing the safest medication management systems in Canada. |
Buy | $14M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-19 |
Medical Pharmacies Group - Long-Term Care Pharmacy Division
Markham, Ontario, Canada Medical Pharmacies Group's Long-Term Care Pharmacy Division is comprised of 18 fulfillment centers serving approximately 36,000 residents of long-term care, assisted living, and other congregate care settings across Ontario, Alberta, and British Columbia. |
Buy | $70M |
