M&A Deal Summary

Vestar Capital Partners and TT Capital Partners Acquire Accanto Health

On March 23, 2021, private equity firm Vestar Capital Partners and growth capital firm TT Capital Partners acquired healthcare services company Accanto Health

Acquisition Highlights
  • This is Vestar Capital Partners’ 6th and TT Capital Partners’ 2nd transaction in the Healthcare Services sector.
  • This is Vestar Capital Partners’ 65th and TT Capital Partners’ 10th transaction in the United States.
  • This is Vestar Capital Partners’ 2nd and TT Capital Partners’ 2nd transaction in Minnesota.

M&A Deal Summary

Date 2021-03-23
Target Accanto Health
Sector Healthcare Services
Buyer(s) Vestar Capital Partners
TT Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Accanto Health

St. Paul, Minnesota, United States
Accanto Health is a national healthcare company specializing in eating disorders and related disorders, with two nationally known eating disorder brands, The Emily Program and Veritas Collaborative. Both programs offer personalized, evidence-based treatment for children, adolescents, and adults across all genders, at all levels of care. Accanto Health is based in St. Paul, Minnesota.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Vestar Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 11.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Vestar Capital Partners is a private equity firm that targets management buyouts and growth capital investments across North America and Europe in the consumer, business services, and healthcare sectors. The Firm looks to invest $50 to $150 million in transactions valued up to $1 billion. Specific areas of interest include food, apparel, household goods, retail, consumer services, industrial services, information services, manufacturing, distribution, transportation, financial services, media/communications, digital health media, and medical technology. Vestar Capital Partners was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 80 of 86
Sector: Healthcare Services M&A 6 of 6
Type: Buyout (LBO, MBO, MBI) M&A Deals 41 of 41
State: Minnesota M&A 2 of 2
Country: United States M&A 65 of 70
Year: 2021 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-23 Veritas Collaborative

Durham, North Carolina, United States

Veritas Collaborative is a specialty hospital system for the treatment of eating disorders. Veritas Collaborative is based in Durham, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Friday Health Plans

Alamosa, Colorado, United Kingdom

Friday Health Plans is a healthcare management company that offers people and small businesses who buy their own health insurance. The company focuses on overall simplicity to offer affordable health plans with benefits that help members stay healthy and cover them if they get sick or hurt. Friday Health Plans was formed in 2015 and is based in Alamosa, Colorado.

Buy $100M
DESCRIPTION

TT Capital Partners is the investment arm of financial advisory firm TripleTree. TT Capital Partners invests in emerging healthcare technology and services companies with the potential to be market leaders across disruptive themes in healthcare. TT Capital Partners is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 11 of 18
Sector: Healthcare Services M&A 2 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 3
State: Minnesota M&A 2 of 2
Country: United States M&A 10 of 17
Year: 2021 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-23 The Emily Program

St. Paul, Minnesota, United States

The Emily Program provides personalized eating disorder treatment for teens, young adults, and adults. It offers comprehensive psychological, nutritional, medical, and psychiatric care at multiple locations across the Minneapolis-St. Paul area, Duluth, MN, Spokane, WA, South Sound (Lacey), WA and Seattle, WA, Pittsburgh, PA, and Cleveland, OH. The Emily Program was founded in 1993 and is based in St. Paul, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Icario

Minneapolis, Minnesota, United States

Icario is a health action company focused on connecting people to health. Icario uses pioneering behavioral research, data science, and our adaptive multi-channel platform to deliver personalization at scale for the most trusted healthcare organizations in all 50 states, including seven of the 10 largest health plans. Icario was founded in 2006 and is based in Minneapolis, Minnesota.

Sell -