M&A Deal Summary |
|
|---|---|
| Date | 2018-10-10 |
| Target | Provant Health |
| Sector | Consumer Services |
| Buyer(s) | Quest Diagnostics |
| Sellers(s) | Century Equity Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1967 |
| Sector | Healthcare Services |
| Employees | 50,000 |
| Revenue | 9.3B USD (2023) |
Quest Diagnostics is a provider of diagnostic information services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic information services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics was founded in 1967 and is based in Secaucus, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 38 |
| Sector (Consumer Services) | 1 of 1 |
| Type (Add-on Acquisition) | 20 of 26 |
| State (Kansas) | 2 of 2 |
| Country (United States) | 28 of 35 |
| Year (2018) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-05 |
Quest Diagnostics - India Diagnostics Business
Madison, New Jersey, United States Quest Diagnostics, Inc. - India Diagnostics Business is a provider of medical diagnostics services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-22 |
Hurley Medical Center - Outreach Laboratory Services
Michigan, United States Hurley Medical Center - Outreach Laboratory Services is a provider of a diagnostic services in Central Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 885M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Century Equity Partners is an asset management firm invests in lower middle-market companies located in the US. Century Equity Partners focuses on companies with rapidly growing, profitable businesses led by strong management teams with an enterprise value between $15 and $300 million and equity capital ranging from $5 to $30 million and in conjunction with its limited partners and select co-investors can commit up to $100 million to a single transaction. The Firm targets companies operating in the fields of financial services, insurance, and healthcare services. Types of transactions include buyouts and growth capital. It seeks minority interest and also considers co-invests. Century Equity Partners was formed in 1987 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 23 |
| Sector (Consumer Services) | 2 of 2 |
| Type (Add-on Acquisition) | 10 of 13 |
| State (Kansas) | 2 of 2 |
| Country (United States) | 13 of 17 |
| Year (2018) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-28 |
Priority Care Solutions
Tampa, Florida, United States Priority Care Solutions LLC is the only national specialty managed care services and network provider that offers full transparency and a budget guarantee through two offerings: Priority Financial Guarantee and Therapy Transparent. Drawing on the cumulative experience of an executive leadership team with an average of 20 years in all areas of workers' compensation, PCS has created unique, pro-active solutions to mitigate risk, create operational efficiencies and reduce costs while providing compassionate, exceptional, and timely care to the injured worker. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-30 |
The Credit Junction
New York, New York, United States The Credit Junction is the first data-driven, asset-based lending platform that is reinventing the way small and mid-sized businesses access working capital, growth and supply chain financing solutions. TCJ combines technology and data intelligence with traditional asset-based credit metrics and offers up to $7.5 million in capital availability. The TCJ platform captures, integrates and analyzes financial data to better manage risk and extract deeper insights into the health of a business. Since its launch in May 2015, TCJ has helped America’s suppliers, manufacturers and distributors access the capital they need to achieve their growth objectives. |
Buy | - |
