M&A Deal Summary

Lumanity Acquires Clarion Healthcare

On November 8, 2022, Lumanity acquired healthcare services company Clarion Healthcare from Centerfield Capital Partners

Acquisition Highlights
  • This is Lumanity’s 1st transaction in the Healthcare Services sector.
  • This is Lumanity’s 5th transaction in the United States.
  • This is Lumanity’s 3rd transaction in Massachusetts.

M&A Deal Summary
Date 2022-11-08
Target Clarion Healthcare
Sector Healthcare Services
Buyer(s) Lumanity
Sellers(s) Centerfield Capital Partners
Deal Type Add-on Acquisition

Target

Clarion Healthcare

Boston, Massachusetts, United States
Clarion is a life sciences strategy and organizational consultancy that works together with its clients to envision, craft, and enable growth through scientific and commercial innovation and leadership. Across therapeutic categories, the company collaborates deeply with its clients to tackle their most complex cross-functional business challenges and decisions throughout the product and company lifecycle. From start-ups to global multinational companies, Clarion helps assemble and deliver inspired strategies that require creativity, insight, and collaboration. Clarion was founded in 2003 and is based in Boston, Massachusetts.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Lumanity

Bethesda, Maryland, United States
Category Company
Founded 2020
Sector Business Services
DESCRIPTION

Lumanity applies incisive thinking and decisive action to cut through complex situations and deliver transformative outcomes to accelerate and optimize access to medical advances. With deep experience in medical, commercial, and regulatory affairs, the company transforms data and information into real-world insights and evidence that powers successful commercialization and empowers patients, providers, payers, and regulators to take timely and decisive action. Lumanity was formed in 2020 and is based in Bethesda, Maryland.

DEAL STATS #
Overall 8 of 8
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Massachusetts) 3 of 3
Country (United States) 5 of 5
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 Endpoint Outcomes

Boston, Massachusetts, United States

Endpoint Outcomes provides harnessing the voice of patients to document the impact of treatments on health-related quality of life. Endpoint Outcomes was founded in 2012 and is based in Boston, Massachusetts.

Buy -

Seller(S) 1

SELLER

Centerfield Capital Partners

Indianapolis, Indiana, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 2001
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Centerfield Capital Partners is a private investment firm that provides subordinated debt and equity capital to mid-market companies. Prospective transactions include acquisition financings, management buyouts, shareholder liquidity needs, recapitalizations, corporate divestitures, ESOP financings, and sponsored/unsponsored transactions. Centerfield generally invests in companies with sales of $15 to $100 million and EBITDA of $3 to $15 million. Target sectors include manufacturing, business services, healthcare services, and transportation/distribution. Centerfield will not invest in early stage businesses, turnaround situations, retail, real estate, and finance companies. Centerfield Capital Partners was founded in 2001 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 39 of 42
Sector (Healthcare Services) 3 of 3
Type (Add-on Acquisition) 21 of 21
State (Massachusetts) 1 of 1
Country (United States) 39 of 42
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-18 STC Floors

Houston, Texas, United States

STC Floors is a supplier and distributor of floor covering products. The Company offers a broad range of hardwood, vinyl, carpet, ceramic, and laminate flooring products, as well as related flooring accessories. STC Floors was established in 1937 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-17 CST Utilities

Grove city, Ohio, United States

CST Utilities is a turnkey infrastructure service company providing a range of complementary underground services including excavation, boring, drain cleaning, and other pumping services to public utilities, telecom providers, and other businesses. CST Utilities was founded in 1969 and is based in Grove city, Ohio.

Buy -
Mergr

Product

Company

Legal