M&A Deal Summary |
|
|---|---|
| Date | 2023-04-20 |
| Target | OneOncology |
| Sector | Healthcare Services |
| Buyer(s) |
TPG
Cencora |
| Sellers(s) | General Atlantic |
| Deal Type | Secondary Buyout |
| Deal Value | 2.1B USD |
| Advisor(s) | Centerview Partners (Financial) Paul, Weiss, Rifkind, Wharton & Garrison (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 419 of 451 |
| Sector: Healthcare Services M&A | 22 of 25 |
| Type: Secondary Buyout M&A Deals | 65 of 75 |
| State: Tennessee M&A | 5 of 5 |
| Country: United States M&A | 272 of 298 |
| Year: 2023 M&A | 3 of 13 |
| Size (of disclosed) | 39 of 113 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-04 |
Elite
New York, New York, United States Elite is a provider of integrated practice and financial management systems for professional service firms worldwide. It provides billing systems for the legal industry to deliver a variety of products and consulting services to other professional service markets, including accounting, engineering, marketing and management and IT consulting. Elite is based in New York, New York. |
Buy | $500M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-15 |
Vice Media
Brooklyn, New York, United States Vice Media is a media company that engages in print, event, music, online, television (TV), and feature film business activities in the United States and internationally. Vice Media was founded in 1994 and is based in Brooklyn, New York. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Distribution |
| Employees | 46,000 |
| Revenue | 294.0B USD (2024) |
Cencora is a pharmaceutical sourcing and distribution services company, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and care. Cencora was founded in 2001 and is based in Conshohocken, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 16 |
| Sector: Healthcare Services M&A | 5 of 6 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Tennessee M&A | 1 of 1 |
| Country: United States M&A | 14 of 15 |
| Year: 2023 M&A | 2 of 2 |
| Size (of disclosed) | 5 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-17 |
HealthTronics
Austin, Texas, United States HealthTronics provides mobile equipment services, medical devices and information technology solutions to the urology industry. The company partners with physician groups to facilitate equipment ownership and to provide logistical support for mobile lithotripsy, laser and cryoablation units. In addition, HealthTronics offers a line of cryoablation devices as well as a urology-specific IT platform. HealthTronics was founded in 1972 and is based in Austin, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-06 |
Retina Consultants of America
Southlake, California, United States Retina Consultants of America is a provider of retina physician practices in the country with eleven board-certified, fellowship-trained retina specialists practicing at eleven clinic locations and one ambulatory surgery center. Retina Consultants of America is based in Southlake, Texas. |
Buy | $5.1B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 105.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 150 of 166 |
| Sector: Healthcare Services M&A | 9 of 9 |
| Type: Secondary Buyout M&A Deals | 24 of 26 |
| State: Tennessee M&A | 3 of 3 |
| Country: United States M&A | 78 of 86 |
| Year: 2023 M&A | 2 of 3 |
| Size (of disclosed) | 5 of 35 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-21 |
Gravie
Minneapolis, Minnesota, United States Gravie is an insurance services provider that helps businesses, individuals and families choose, buy and manage health insurance products. Gravie was founded in 2013 and is based in Minneapolis, Minnesota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-27 |
Tripleseat
Concord, Massachusetts, United States Tripleseat is a cloud-based sales and event management application that generates sales and streamlines the planning process for restaurants, hotels, and unique venues. It is the first web-based system created by restaurant event planners for restaurant event planners. Tripleseat was founded in 2008 and is based in Concord, Massachusetts. |
Buy | - |