M&A Deal Summary

Mariner Health Care Acquires Mariner Health Group

On July 31, 1998, Mariner Health Care acquired healthcare services company Mariner Health Group

Acquisition Highlights
  • This is Mariner Health Care’s 2nd transaction in the Healthcare Services sector.
  • This is Mariner Health Care’s 2nd transaction in the United States.
  • This is Mariner Health Care’s 1st transaction in Connecticut.

M&A Deal Summary

Date 1998-07-31
Target Mariner Health Group
Sector Healthcare Services
Buyer(s) Mariner Health Care
Deal Type Add-on Acquisition

Target

Mariner Health Group

New London, Connecticut, United States
Mariner Health Group, Inc. is a provider of post-acute health care services in selected markets for the treatment of short-stay subacute patients.

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Buyer(S) 1

Buyer

Mariner Health Care

Atlanta, Georgia, United States

Category Company
Founded 1977
Sector Healthcare Services
Employees35,000
DESCRIPTION

Mariner Health Care, Inc. provides skilled nursing and long-term health care services in the United States.


DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Connecticut M&A 1 of 1
Country: United States M&A 2 of 2
Year: 1998 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-06-01 Legend Medical Services

Corapolis, Pennsylvania, United States

Legend was created in 1990 to purchase and manage long-term care facilities. Legend acquired three skilled nursing facilities in Pennsylvania, Ohio and Indiana.

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