M&A Deal Summary

Pine Tree Equity Partners Acquires Annuity Health

On October 2, 2018, private equity firm Pine Tree Equity Partners acquired business services company Annuity Health

Acquisition Highlights
  • This is Pine Tree Equity Partners’ 5th transaction in the Business Services sector.
  • This is Pine Tree Equity Partners’ 19th transaction in the United States.
  • This is Pine Tree Equity Partners’ 1st transaction in Illinois.

M&A Deal Summary

Date 2018-10-02
Target Annuity Health
Sector Business Services
Buyer(s) Pine Tree Equity Partners
Deal Type Recapitalization

Target

Annuity Health

Westmont, Illinois, United States
Annuity Health is a provider of revenue cycle management services focused on self-pay collections, bad debt recovery and insurance claim resolution services for hospitals, large physician groups, and other healthcare providers. Annuity Health was founded in 1976 and is based in Westmont, Illinois.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Pine Tree Equity Partners

Miami, Florida, United States

Category Private Equity Firm
Founded 2007
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION
Pine Tree Equity's corporate headquarters in Miami, Florida.
Pine Tree Equity's corporate headquarters in Miami, Florida.

Pine Tree Equity Partners is an investment firm focused on small-cap companies. Pine Tree generally looks to partner with management and typically invests $2 to $7 million per transaction. Areas of interest include business services, consumer services, financial services, consumer products, franchising, and niche manufacturing. Pine Tree Equity Partners was formed in 2007 and is based in Miami, Florida.


DEAL STATS #
Overall 19 of 27
Sector (Business Services) 5 of 5
Type (Recapitalization) 12 of 18
State (Illinois) 1 of 1
Country (United States) 19 of 27
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Smile Design Dentistry

Tampa, Florida, United States

Smile Design Dentistry is a dental service organization with 46 clinics operating across Central Florida, serving 13 counties, primarily in the Tampa and Orlando areas but stretching as far north as Gainesville and as far south as Cape Coral. Smile Design Dentistry was founded in 2000 and is based in Tampa, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 InHealth MD Alliance

Davenport, Florida, United States

InHealth MD Alliance is an independent provider of primary care physician services primarily to Medicare eligible patients in Central Florida. InHealth MD Alliance is based in Davenport, Florida.

Sell -