M&A Deal Summary

Steward Health Care Acquires Morton Hospital and Medical Center

On April 1, 2011, Steward Health Care acquired healthcare services company Morton Hospital and Medical Center for 59M USD

Acquisition Highlights
  • This is Steward Health Care’s 1st transaction in the Healthcare Services sector.
  • This is Steward Health Care’s largest (disclosed) transaction.
  • This is Steward Health Care’s 1st transaction in the United States.
  • This is Steward Health Care’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2011-04-01
Target Morton Hospital and Medical Center
Sector Healthcare Services
Buyer(s) Steward Health Care
Deal Type Add-on Acquisition
Deal Value 59M USD
Advisor(s) Navigant Capital Advisors (Financial)

Target

Morton Hospital and Medical Center

Taunton, Massachusetts, United States
Morton Hospital is a medical complex located on Washington Street near Route 140 and Route 138 in Taunton, Massachusetts, USA.

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Buyer(S) 1

Buyer

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 1 of 4
Sector (Healthcare Services) 1 of 4
Type (Add-on Acquisition) 1 of 2
State (Massachusetts) 1 of 2
Country (United States) 1 of 4
Year (2011) 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-30 Quincy Medical Center

Quincy, Massachusetts, United States

Buy $38M
Mergr

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