M&A Deal Summary |
|
|---|---|
| Date | 2019-01-31 |
| Target | HealthMarkets |
| Sector | Insurance |
| Buyer(s) | UnitedHealth |
| Sellers(s) |
Goldman Sachs Merchant Banking
The Blackstone Group |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1974 |
| Sector | Healthcare Services |
| Employees | 400,000 |
| Revenue | 400.3B USD (2024) |
UnitedHealth is a diversified healthcare company. With a suite of health benefits and services, the company serves millions of individuals, employers, and government organizations. UnitedHealth operates through two primary businesses: UnitedHealthcare, which offers a range of health insurance plans and services, and Optum, which provides healthcare solutions focused on improving healthcare delivery, affordability, and outcomes. Through its network of healthcare providers, advanced analytics, and technology-driven solutions, UnitedHealth looks to make healthcare more accessible, efficient, and patient-centered, ultimately transforming the way healthcare is delivered and experienced. UnitedHealth was formed in 1974 and is based in Eden Prairie, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 17 |
| Sector: Insurance M&A | 8 of 8 |
| Type: Add-on Acquisition M&A Deals | 11 of 13 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 13 of 15 |
| Year: 2019 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-08 |
Genoa Healthcare
Tukwila, Washington, United States Genoa Healthcare LLC is a behavioral health specialty pharmacy company. Dedicated to serving the needs of those in the behavioral health and addiction treatment communities, and others who have complex, chronic health conditions, Genoa Healthcare is the largest provider of pharmacy, outpatient telepsychiatry and medication management services |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-21 |
Equian
Indianapolis, Indiana, United States Equian LLC is a healthcare information services company focused on lowering the cost of care by eliminating waste. Equian was founded in 1987 and is based in Indianapolis, Indiana. |
Buy | $3.2B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 86 of 126 |
| Sector: Insurance M&A | 4 of 6 |
| Type: Add-on Acquisition M&A Deals | 27 of 43 |
| State: Texas M&A | 4 of 7 |
| Country: United States M&A | 60 of 90 |
| Year: 2019 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-18 |
StandardAero
Scottsdale, Arizona, United States StandardAero is an independent maintenance, repair, and overhaul (MRO) provider. The Company offers extensive MRO services and custom solutions for business aviation, commercial aviation, military, and industrial power customers. StandardAero was founded in 1911 and is based in Scottsdale, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-16 |
United Captial Fiancial Partners
Newport Beach, California, United States United Captial Fiancial Partners is a nationwide financial planning firm with over $8 billion in assets. It employs a transformational acquisition strategy that targets small to mid-sized independent RIAs and broker dealers. United Captial Fiancial Partners is based in Newport Beach, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 394.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 130 of 193 |
| Sector: Insurance M&A | 6 of 8 |
| Type: Add-on Acquisition M&A Deals | 49 of 74 |
| State: Texas M&A | 14 of 24 |
| Country: United States M&A | 78 of 117 |
| Year: 2019 M&A | 1 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-31 |
Tallgrass Energy Partners
Overland Park, Kansas, United States Tallgrass Energy is a family of companies formed to own, operate, acquire and develop midstream energy assets in North America. The Tallgrass Energy family is comprised of Tallgrass Energy Partners, LP, a master limited partnership, and Tallgrass Development, LP. Tallgrass Energy Partners is based in Overland Park, Kansas. |
Buy | $3.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-04 |
The Ultimate Software Group
Weston, Florida, United States The Ultimate Software Group, Inc. is a provider of cloud-based human capital management (HCM) solutions. Ultimate delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. The Ultimate Software Group was founded in 1990 and is based in Weston, Florida. |
Buy | $11.0B |
