M&A Deal Summary

Rosecrance Acquires New Life Outpatient Center

On April 11, 2016, Rosecrance acquired healthcare services company New Life Outpatient Center

Acquisition Highlights
  • This is Rosecrance’s 1st transaction in the Healthcare Services sector.
  • This is Rosecrance’s 1st transaction in the United States.
  • This is Rosecrance’s 1st transaction in Iowa.

M&A Deal Summary

Date 2016-04-11
Target New Life Outpatient Center
Sector Healthcare Services
Buyer(s) Rosecrance
Deal Type Add-on Acquisition

Target

New Life Outpatient Center

Davenport, Iowa, United States
New Life Outpatient Center is a provider of confidential, personalized, sensitive and effective professional services through programs of intervention, recovery care for adults and adolescents, and educational courses for OWI/DUI offenders.

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Buyer(S) 1

Buyer

Rosecrance

Rockford, Illinois, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Rosecrance Health Network, a nationally known addiction treatment provider based in Rockford, IL. Rosecrance is among the nation’s premier providers of treatment services for teenagers. Rosecrance also serves adults and operates licensed recovery homes. Rosecrance has more than 40 locations in northern Illinois, including Chicago, and in southern Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Iowa M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1