M&A Deal Summary

Team Health Acquires Grossmont Emergency Medical Group

On August 22, 2016, Team Health acquired healthcare services company Grossmont Emergency Medical Group

Acquisition Highlights
  • This is Team Health’s 28th transaction in the Healthcare Services sector.
  • This is Team Health’s 33rd transaction in the United States.
  • This is Team Health’s 3rd transaction in California.

M&A Deal Summary

Date 2016-08-22
Target Grossmont Emergency Medical Group
Sector Healthcare Services
Buyer(s) Team Health
Deal Type Add-on Acquisition

Target

Grossmont Emergency Medical Group

La Mesa, California, United States
Grossmont Emergency Medical Group is a provider of health care to more than 100,000 patients each year through staffing and management of the emergency department at Sharp Grossmont Hospital.

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Buyer(S) 1

Buyer

Team Health

Knoxville, Tennessee, United States

Category Company
Founded 1979
Sector Staffing
Employees18,800
Revenue 3.6B USD (2015)
DESCRIPTION
Team Health's corporate headquarters in Knoxville, Tennessee.
Team Health's corporate headquarters in Knoxville, Tennessee.

Team Health is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. Team Health was formed in 1979 and is based in Knoxville, Tennessee.


DEAL STATS #
Overall 33 of 39
Sector: Healthcare Services M&A 28 of 30
Type: Add-on Acquisition M&A Deals 31 of 37
State: California M&A 3 of 3
Country: United States M&A 33 of 39
Year: 2016 M&A 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-18 Anesthesia Associates of Cincinnati

Cincinnati, Ohio, United States

Anesthesia Associates of Cincinnati, Inc. is a provider of anesthesiology staffing at two hospitals, The Christ Hospital and TriHealth Evendale Hospital, and four ambulatory surgery centers, supporting a full array of surgical specialties, including cardiac, neurological and obstetric care.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-15 EmMed PC

Bay City, Michigan, United States

EmMed PC is a provider of care to approximately 44,000 patients each year through staffing and management of the emergency department at McLaren Bay Regional Hospital.

Buy -