Add-on Acquisition • Healthcare Services

OptumRx Acquires AxelaCare Health Solutions

On November 17, 2015, OptumRx acquired healthcare services company AxelaCare Health Solutions from Harvest Partners

Acquisition Context
  • This is OptumRx’s 2nd transaction in the Healthcare Services sector.
  • This is OptumRx’s 2nd transaction in the United States.
  • This is OptumRx’s 1st transaction in Kansas.

Explore All 4615 Add-on Acquisition Healthcare Services Deals - Search the Database Free


M&A Deal Summary

Date November 17, 2015
Target AxelaCare Health Solutions
Sector Healthcare Services
Buyer(s) OptumRx
Sellers(s) Harvest Partners
Deal Type Add-on Acquisition

Target Company

AxelaCare Health Solutions

Lenexa, Kansas, United States
AxelaCare Health Solutions LLC is a full-service home infusion therapy provider. Therapies provided range from immune globulin (IG) therapy to antibiotics and nutrition therapy for patients across the United States.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

OptumRx

Irvine, California, United States

Category Company
Founded 1989
Sector Healthcare Services
DESCRIPTION

OptumRx specializes in the delivery, clinical management and affordability of prescription medications and consumer health products.


Deal Context for Buyer #
Overall 2 of 4
Sector: Healthcare Services 2 of 4
Type: Add-on Acquisition 2 of 4
State: Kansas 1 of 1
Country: United States 2 of 4
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 Catamaran

Schaumburg, Illinois, United States

Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America.

Buy $12.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-14 Helios

Tampa, Florida, United States

Helios provides management of pharmacy benefits, durable medical equipment, home health care, and other ancillary services for workers’ compensation and auto no-fault insurance companies.

Buy -

Seller Profile 1

SELLER

Harvest Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Harvest Partners is a Investment firm provides Private Equity and Structured Capital focused on buyout, growth capital, minority position, and non-control investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA). Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, marketing, building products and distribution companies valued between $100 and $1000 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.


Deal Context for Seller #
Overall 19 of 36
Sector: Healthcare Services 2 of 2
Type: Add-on Acquisition 3 of 7
State: Kansas 1 of 1
Country: United States 17 of 32
Year: 2015 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 Affordable Care

Morrisville, North Carolina, United States

Affordable Care is a dental practice management services company that supports a network of affiliated dental practices providing removable prosthetics and related services. Affordable Care was founded in 1975 and is based in Morrisville, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-18 Advanced Dermatology and Cosmetic Surgery

Maitland, Florida, United States

Advanced Dermatology and Cosmetic Surgery is a dermatology-focused physician practice management company, with clinics around the United States which provide clinical, cosmetic, and pathology services. Advanced Dermatology and Cosmetic Surgery was founded in 1989 and is based in Maitland, Florida.

Buy -