M&A Deal Summary

Pure Health Acquires Circle Health Group

On August 28, 2023, Pure Health acquired healthcare services company Circle Health Group from Centene for 1.2B USD

Acquisition Highlights
  • This is Pure Health’s 1st transaction in the Healthcare Services sector.
  • This is Pure Health’s largest (disclosed) transaction.
  • This is Pure Health’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-08-28
Target Circle Health Group
Sector Healthcare Services
Buyer(s) Pure Health
Sellers(s) Centene
Deal Type Divestiture
Deal Value 1.2B USD

Target

Circle Health Group

London, United Kingdom
Circle Health Grou is a healthcare company, that offer a range of specialities, including orthopaedic, ENT, general surgery, gynaecological, gastrointestinal, neuro spinal surgery and more, supported by diagnostic services. Circle Health was founded in 2004 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Pure Health

Abu Dhabi, United Arab Emirates
Category Company
Sector Healthcare Services
DESCRIPTION

Pure Health Is an integrated healthcare solutions platform with a diversified portfolio of over 25 hospitals and more than 100 clinics offering 200+ specialties covering services from tertiary care to primary care. Pure Health is based in Abu Dhabi, United Arab Emirates.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Centene

St. Louis, Missouri, United States
Category Company
Founded 1984
Sector Insurance
Employees67,700
Revenue 154.0B USD (2023)
DESCRIPTION
Centene's corporate headquarters in St. Louis, Missouri.
Centene's corporate headquarters in St. Louis, Missouri.

Centene is a diversified, multi-national healthcare enterprise that provides programs and services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. Centene provides member-focused services through locally based staff by assisting in accessing care, coordinating referrals to related health and social services and addressing member concerns and questions. Centene also provides education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. Centene was incorporated in 1984 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 5 of 6
Sector (Healthcare Services) 3 of 4
Type (Divestiture) 5 of 6
Country (United Kingdom) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-17 Magellan Specialty Health

United States

Magellan Specialty Health is a specialty benefit management organization that offers industry-leading utilization management solutions to health plans, including radiology management, musculoskeletal management, physical medicine management, and genetic testing solutions. Magellan Specialty Health is based in United States.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-25 Collaborative Health Systems

Lake Mary, Florida, United States

Collaborative Health Systems is a management services organization that partners with independent primary care physicians as they move to value-based models. Collaborative Health Systems is based in Lake Mary, Florida.

Sell -
Mergr

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