M&A Deal Summary |
|
|---|---|
| Date | 2016-05-24 |
| Target | Laboratory Supply |
| Sector | Healthcare Services |
| Buyer(s) | McKesson |
| Sellers(s) | Frazier Healthcare Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Cain Brothers & Co. LLC (Financial) |
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| Category | Company |
|---|---|
| Founded | 1833 |
| Sector | Information Technology |
| Employees | 45,000 |
| Revenue | 309.0B USD (2024) |
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 | 44 of 51 |
| Sector (Healthcare Services) | 11 of 13 |
| Type (Add-on Acquisition) | 35 of 41 |
| State (Kentucky) | 1 of 2 |
| Country (United States) | 31 of 36 |
| Year (2016) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-01 |
McKesson - Software Assets
United States McKesson - Software Assets includes McKesson Practice Choice, Medisoft, Medisoft Clinical, Lytec, Lytec MD and Practice Partner (“McKesson Assets”), and consist of practice management and electronic health record software solutions sold to the ambulatory care market. The practice management products (Medisoft, Lytec and McKesson Practice Choice) deliver streamlined scheduling and billing functionality, while the electronic health record software (Medisoft Clinical, Lytec MD, Practice Partner and McKesson Practice Choice) enhance care quality while improving efficiency within a physician practice. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-12 |
HealthQx
King of Prussia, Pennsylvania, United States HealthQx LLC is a Software as a Service (SaaS) company. The HealthQx payment analytics platform enables providers, health systems and insurers to operationalize value-based reimbursement models. ClarityQx was developed by HealthQX. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 3.4B USD |
| Size | Large |
| Type | Sector Focused |
Frazier Healthcare Partners is a private equity and venture capital firm specializing in Growth buyout investment specifically targets businesses that deal Healthcare, Life Sciences, Pharmaceutical services, medical products, and related sectors. Frazier Healthcare Partners was formed in 1991 and is based in Seattle, Washington with an additional office in Palo Alto, California; Boston, Massachusetts; and Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 27 |
| Sector (Healthcare Services) | 4 of 11 |
| Type (Add-on Acquisition) | 7 of 12 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 10 of 27 |
| Year (2016) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-10 |
Aptinyx
Evanston, Illinois, United States Aptinyx is a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel, proprietary, and synthetic small molecules for the treatment of brain and nervous system disorders. Aptinyx was founded in 2015 and is based in Evanston, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-01 |
PCI Pharma Services
Philadelphia, Pennsylvania, United States PCI Pharma Services is a provider of outsourced pharmaceutical supply chain solutions supporting biotechnology and pharmaceutical companies throughout the various stages of drug development and commercialization. PCI Pharma Services was founded in 2012 and is based in Philadelphia, Pennsylvania. |
Sell | $1.0B |
