Add-on Acquisition • Healthcare Services

Texas True Choice Acquires Healthcare Partners of East Texas

On May 19, 2009, Texas True Choice acquired healthcare services company Healthcare Partners of East Texas

Acquisition Context
  • This is Texas True Choice’s 1st transaction in the Healthcare Services sector.
  • This is Texas True Choice’s 1st transaction in the United States.
  • This is Texas True Choice’s 1st transaction in Texas.

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M&A Deal Summary

Date May 19, 2009
Target Healthcare Partners of East Texas
Sector Healthcare Services
Buyer(s) Texas True Choice
Deal Type Add-on Acquisition

Target Company

Healthcare Partners of East Texas

Longview, Texas, United States
Healthcare Partners of East Texas, Inc. is a provider of access to healthcare providers, hospitals, and ancillary services in Texas.
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Buyer Overview 1

Buyer

Texas True Choice

Addison, Texas, United States

Category Company
Founded 1996
Sector Insurance
DESCRIPTION

True Choice is the largest PPO network in the state serving insurance companies, third-party administrators, producers and employers.


Deal Context for Buyer #
Overall 1 of 1
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2009 1 of 1