M&A Deal Summary

Revere Medical Acquires Steward Health Care - Stewardship Health business

On August 12, 2024, Revere Medical acquired healthcare services company Steward Health Care - Stewardship Health business from Steward Health Care

Acquisition Highlights
  • This is Revere Medical’s 1st transaction in the Healthcare Services sector.
  • This is Revere Medical’s 1st transaction in the United States.
  • This is Revere Medical’s 1st transaction in Texas.

M&A Deal Summary

Date 2024-08-12
Target Steward Health Care - Stewardship Health business
Sector Healthcare Services
Buyer(s) Revere Medical
Sellers(s) Steward Health Care
Deal Type Divestiture

Target

Steward Health Care - Stewardship Health business

Dallas, Texas, United States
Steward Health Care's Stewardship Health business is a value-based care platform in the country, combining Steward Health Care Network and the primary care providers of Steward Medical Group.

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Buyer(S) 1

Buyer

Revere Medical

Nashville, Tennessee, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Revere Medical is a provider of organization delivering high-quality care to communities across multiple states. Revere Medical seeks to improve patient outcomes through investment in people, process, and technology. Revere Medical is based in Nashville, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Steward Health Care

Dallas, Texas, United States

Category Company
Founded 2010
Sector Healthcare Services
DESCRIPTION

Steward Health Care is the largest private, tax-paying physician-led health care network that operates 37 hospitals in the United States and the country of Malta that regularly receive top awards for quality and safety. Steward Health Care was founded in 2010 and is based in Dallas, Texas.


DEAL STATS #
Overall 5 of 5
Sector (Healthcare Services) 4 of 4
Type (Divestiture) 5 of 5
State (Texas) 3 of 3
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-15 Steward Health Care System - Utah Care Sites

Lehi, Utah, United States

Steward Health Care System's Utah Care Sites which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers. Steward Health Care System's Utah Care Sites are based in Lehi, Utah.

Sell -