M&A Deal Summary

McKesson Acquires Awarix

On July 16, 2007, McKesson acquired healthcare services company Awarix from New Capital Partners

Acquisition Highlights
  • This is McKesson’s 4th transaction in the Healthcare Services sector.
  • This is McKesson’s 14th transaction in the United States.
  • This is McKesson’s 1st transaction in Alabama.

M&A Deal Summary
Date 2007-07-16
Target Awarix
Sector Healthcare Services
Buyer(s) McKesson
Sellers(s) New Capital Partners
Deal Type Add-on Acquisition

Target

Awarix

Birmingham, Alabama, United States
Awarix provides enterprise visibility software solutions which allow hospitals to streamline throughput, improve caregiver effectiveness and increase patient satisfaction.

Search 201,292 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

McKesson

Irving, Texas, United States
Category Company
Founded 1833
Sector Information Technology
Employees45,000
Revenue 309.0B USD (2024)
DESCRIPTION
McKesson office in The Woodlands, Texas.
McKesson office in The Woodlands, Texas.

McKesson is a health care services and information technology company. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, health care information technology, and business and clinical services. McKesson was founded in 1833 and is based in Irving, Texas.

DEAL STATS #
Overall 16 of 51
Sector (Healthcare Services) 4 of 13
Type (Add-on Acquisition) 16 of 41
State (Alabama) 1 of 1
Country (United States) 14 of 36
Year (2007) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-28 Acute-Care Distribution Business

United States

Acute-Care Distribution Business distributes medical-surgical supplies and medical equipment.

Sell $165M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-04 Oncology Therapeutics Network

South San Francisco, California, United States

Oncology Therapeutics Network Corp. is a distributor of specialty drug products, serving the needs of more than 3,500 oncologists, 1,500 rheumatologists and other providers.

Buy $575M

Seller(S) 1

SELLER

New Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

New Capital Partners is a private equity firm focused on investing in high-growth companies. The Firm has a preference for Southeast US-based companies looks to acquire and/or partner with businesses and management teams who are seeking to build sustainable companies. Sectors of interest include healthcare services, healthcare IT, financial services, financial technology, and business services. New Capital Partners was established in 2001 and is based in Birmingham, Alabama.

DEAL STATS #
Overall 1 of 11
Sector (Healthcare Services) 1 of 6
Type (Add-on Acquisition) 1 of 7
State (Alabama) 1 of 3
Country (United States) 1 of 11
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-04 Senior Whole Health

Cambridge, Massachusetts, United States

Senior Whole Health LLC is a privately-held company offering intensive, integrated case management services for Medicare/Medicaid dual eligibles and Medicare Part D. Senior Whole Health was founded in 2004 and is based in Cambridge, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-16 HospiScript Services

Montgomery, Alabama, United States

HospiScript Services is a pharmaceutical services company working exclusively with hospices and dedicated to improving patient care and reducing pharmacy costs. HospiScript empowers hospices with the ability to reduce their drug costs and gain administrative efficiencies by providing access to a nationwide network of pharmacies and integrating powerful tools and resources.

Sell $108M
Mergr

Product

Company

Legal