M&A Deal Summary

Molina Healthcare of Michigan Acquires HealthPlus Partners -Medicaid

On May 15, 2015, Molina Healthcare of Michigan acquired insurance company HealthPlus Partners -Medicaid from HealthPlus of Michigan

Acquisition Highlights
  • This is Molina Healthcare of Michigan’s 1st transaction in the Insurance sector.
  • This is Molina Healthcare of Michigan’s 1st transaction in the United States.

M&A Deal Summary

Date 2015-05-15
Target HealthPlus Partners -Medicaid
Sector Insurance
Buyer(s) Molina Healthcare of Michigan
Sellers(s) HealthPlus of Michigan
Deal Type Divestiture

Target

HealthPlus Partners -Medicaid

United States
HealthPlus Partners -Medicaid is a provider of health insurance services.

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Buyer(S) 1

Buyer

Molina Healthcare of Michigan

Troy, Michigan, United States

Category Company
Founded 1997
Sector Insurance
DESCRIPTION

Molina Healthcare of Michigan, Inc. is a provider of medicaid and medicare health plans.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

HealthPlus of Michigan

Flint, Michigan, United States

Category Company
Founded 1977
Sector Insurance
DESCRIPTION

HealthPlus of Michigan, Inc. is a health and wellness organization providing customized, nationally recognized health plans that meet the needs of large and small employers, families, and individuals through a variety of commercial and Medicare health plans.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1