M&A Deal Summary

OptumRx Acquires Helios

On January 14, 2016, OptumRx acquired healthcare services company Helios from Kelso

Acquisition Highlights
  • This is OptumRx’s 3rd transaction in the Healthcare Services sector.
  • This is OptumRx’s 3rd transaction in the United States.
  • This is OptumRx’s 1st transaction in Florida.

M&A Deal Summary
Date 2016-01-14
Target Helios
Sector Healthcare Services
Buyer(s) OptumRx
Sellers(s) Kelso
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 3 of 3
Sector (Healthcare Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-17 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.

Buy -

Seller(S) 1

SELLER

Kelso

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1971
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kelso & Company is a private equity and investment management firm that seeks control investments in middle-market companies operating primarily throughout the US. Sectors of interest include manufacturing, communications, media, distribution, service, consumer products, retail, healthcare, transportation, logistics, textiles, & apparel, chemicals, and energy. Kelso looks to align 'management's interest with those of investors' when considering opportunities. Kelso & Company was formed in 1971 and is based in New York City.

DEAL STATS #
Overall 30 of 53
Sector (Healthcare Services) 1 of 3
Type (Add-on Acquisition) 13 of 24
State (Florida) 2 of 7
Country (United States) 25 of 46
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Eagle Foods

Orrville, Ohio, United States

Eagle Foods is a domestic manufacturer of canned milk, popcorn and other salty snack products. Eagle operates in two stable and growing categories within canned milk and sweetened condensed milk markets. Additionally, Eagle manufactures ready-to-eat popcorn under the brands G.H. Cretors and Popcorn, Indiana, as well as private label popcorn and other salty snack products for a diverse set of retail customers. Eagle Foods is based in Orrville, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 SouthernCarlson

Omaha, Nebraska, United States

SouthernCarlson, Inc. is a national distributor of fastening and packaging products and supplies across 34 states. The Company serves contractors, dealers, retailers, and manufacturers in construction and industrial end markets through its network of 140 retail locations and 15 distribution centers. SouthernCarlson combines industry-leading product availability and expertise with value-added services offering that includes tool repair services, a tool loan program, national account management, and dealer category management.

Buy -
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