M&A Deal Summary

Omnicare Acquires American Mediserve

On September 1, 1997, Omnicare acquired business services company American Mediserve from GTCR

Acquisition Highlights
  • This is Omnicare’s 1st transaction in the Business Services sector.
  • This is Omnicare’s 1st transaction in the United States.
  • This is Omnicare’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 1997-09-01
Target American Mediserve
Sector Business Services
Buyer(s) Omnicare
Sellers(s) GTCR
Deal Type Add-on Acquisition

Target

American Mediserve

Ardmore, Oklahoma, United States
American Medserve provides pharmacy services to long-term care institutions, including skilled nursing facilities, assisted living facilities, and other long-term health care settings.

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Buyer(S) 1

Buyer

Omnicare

Cincinnati, Ohio, United States
Category Company
Founded 1981
Sector Healthcare Services
Employees11,726
Revenue 6.4B USD (2014)
DESCRIPTION

Omnicare, Inc. is a provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers as well as for hospice patients in homecare and other settings.

DEAL STATS #
Overall 1 of 8
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 8
State (Oklahoma) 1 of 1
Country (United States) 1 of 8
Year (1997) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-16 NCS HealthCare

Beachwood, Ohio, United States

NCS HealthCare, Inc was a Publicly traded provider of pharmacy services to long-term care institutions, including skilled nursing facilities and assisted living facilities.

Buy -

Seller(S) 1

SELLER

GTCR

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1980
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 85
Sector (Business Services) 1 of 8
Type (Add-on Acquisition) 1 of 41
State (Oklahoma) 1 of 1
Country (United States) 1 of 82
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-15 Cardinal Logistics

Concord, North Carolina, United States

Cardinal Logistics is a third-party logistics, transportation, and supply chain solutions provider. Cardinal Logistics unique approach to outsourcing combines dedicated shipping resources with extensive industry expertise and the most advanced logistics technology to help companies maximize their supply and demand chains. Cardinal Logistics was founded in 1997 and is based in Concord, North Carolina.

Buy $38M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-03-12 LifeCare Management Services

Plano, Texas, United States

LifeCare Management Services is a long-term acute care hospitals (LTACH's) specializing in the treatment of critically ill or injured patients.

Buy -
Mergr

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