M&A Deal Summary

Molina Healthcare Acquires My Choice Wisconsin

On July 13, 2022, Molina Healthcare acquired healthcare services company My Choice Wisconsin for 150M USD

Acquisition Highlights
  • This is Molina Healthcare’s 7th transaction in the Healthcare Services sector.
  • This is Molina Healthcare’s 4th largest (disclosed) transaction.
  • This is Molina Healthcare’s 11th transaction in the United States.
  • This is Molina Healthcare’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2022-07-13
Target My Choice Wisconsin
Sector Healthcare Services
Buyer(s) Molina Healthcare
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

My Choice Wisconsin

Wauwatosa, Wisconsin, United States
My Choice Wisconsin is a Medicaid-managed care organization. My Choice Wisconsin was founded in 2000 and is based in Wauwatosa, Wisconsin.

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Buyer(S) 1

Buyer

Molina Healthcare

Long Beach, California, United States

Category Company
Founded 1980
Sector Insurance
Employees18,000
Revenue 34.1B USD (2023)
DESCRIPTION
Molina Healthcare's corporate headquarters in Long Beach, California.
Molina Healthcare's corporate headquarters in Long Beach, California.

Molina Healthcare is a provider of managed health care services under the Medicaid and Medicare programs and through the state insurance marketplaces. Molina Healthcare operates through two segments that include Health Plans and Molina Medicaid Solutions. Molina's Health Plans segment consists of operational health plans. Molina's Medicaid Solutions segment provides design, development, implementation, and business process outsourcing solutions to state governments for their Medicaid management information systems. Molina Healthcare was established in 1980 and is based in Long Beach, California.


DEAL STATS #
Overall 11 of 13
Sector (Healthcare Services) 7 of 9
Type (Add-on Acquisition) 4 of 4
State (Wisconsin) 1 of 1
Country (United States) 11 of 13
Year (2022) 1 of 1
Size (of disclosed) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 AgeWell - Medicaid Managed Long Term Care Business

Lake Success, New York, United States

AgeWell's MLTSS business serves approximately 13,000 managed long-term services.

Buy $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-30 Brand New Day and Central Health Plan of California

California, United States

Brand New Day and Central Health Plan of California offers health insurance plans to companies and consumers in the state of California.

Buy $435M