M&A Deal Summary

North Oakland Dermatology Acquires CHN Solutions

On December 5, 2005, North Oakland Dermatology acquired business services company CHN Solutions from Selective Insurance Group for 16M USD

Acquisition Highlights
  • This is North Oakland Dermatology’s 1st transaction in the Business Services sector.
  • This is North Oakland Dermatology’s largest (disclosed) transaction.
  • This is North Oakland Dermatology’s 1st transaction in the United States.
  • This is North Oakland Dermatology’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2005-12-05
Target CHN Solutions
Sector Business Services
Buyer(s) North Oakland Dermatology
Sellers(s) Selective Insurance Group
Deal Type Divestiture
Deal Value 16M USD

Target

CHN Solutions

Hamilton,, New Jersey, United States
CHN Solutions is a provider of URAC-Accredited preferred provider organization (PPO) and managed care programs.

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Buyer(S) 1

Buyer

North Oakland Dermatology

Rochester Hills, Michigan, United States

Category Company
Founded 1991
Sector Healthcare Services
DESCRIPTION

North Oakland Dermatology is a distinguished dermatologist, and the practice staff includes Andrea Dreffs, a certified Physician Assistant.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Selective Insurance Group

Branchville, New Jersey, United States

Category Company
Founded 1926
Sector Insurance
Employees2,650
Revenue 4.2B USD (2023)
DESCRIPTION

Selective Insurance Group is a provider of property and casualty insurance services. Selective Insurance Group was founded in 1926 and is based in Branchville, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-20 Montpelier U.S. Insurance Company

United States

Montpelier U.S. Insurance Company provides insurance services in US.

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