Buyout (LBO, MBO, MBI) • Business Services

Welsh Carson Anderson & Stowe Acquires SHPS

On June 9, 2000, private equity firm Welsh Carson Anderson & Stowe acquired business services company SHPS

Acquisition Context

This is Welsh Carson Anderson & Stowe’s 4th transaction in the Business Services sector.
This is Welsh Carson Anderson & Stowe’s 20th transaction in the United States.
This is Welsh Carson Anderson & Stowe’s 1st transaction in Kentucky.

Investment Fate

SHPS was sold to a publicly-traded strategic buyer in 2012.

Explore All 2129 Buyout (LBO, MBO, MBI) Business Services Deals - Search the Database Free

M&A Deal Summary
Date	June 9, 2000
Target	SHPS
Sector	Business Services
Buyer(s)	Welsh Carson Anderson & Stowe
Deal Type	Buyout (LBO, MBO, MBI)

Target Company

SHPS

Louisville, Kentucky, United States

SHPS, Inc. is dedicated to helping organizations improve member health and control healthcare costs through its Carewise Health and Landacorp subsidiaries. Landacorp creates care management software and solutions that enables highly efficient collaboration among health plans, providers and members.

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Buyer Overview 1

Buyer

Welsh Carson Anderson & Stowe

New York, New York, United States

Investor Investor

Category	Private Equity Firm
Founded	1979
PE ASSETS	31.0B USD
Size	Mega
Type	Sector Focused

DESCRIPTION

Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.

Deal Context for Buyer	#
Overall	20 of 104
Sector: Business Services	4 of 12
Type: Buyout (LBO, MBO, MBI)	12 of 42
State: Kentucky	1 of 4
Country: United States	20 of 99
Year: 2000	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2000-05-01	Headstrong New York, United States Headstrong Corporation Provides consultancy in financial services, public sector and the service industries	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2000-05-01

Headstrong

New York, United States

Headstrong Corporation Provides consultancy in financial services, public sector and the service industries

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2001-06-01	Bread Financial Holdings Columbus, Ohio, United States Bread Financial Holdings is a provider of data-driven marketing and loyalty solutions serving large, consumer-based industries. The Company creates and deploys customized solutions, enhancing the critical customer marketing experience; the result is measurably changing consumer behavior while driving business growth and profitability for some of today's most recognizable brands. Bread Financial Holdings was founded in 1996 and is based in Columbus, Ohio.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2001-06-01

Bread Financial Holdings

Columbus, Ohio, United States

Bread Financial Holdings is a provider of data-driven marketing and loyalty solutions serving large, consumer-based industries. The Company creates and deploys customized solutions, enhancing the critical customer marketing experience; the result is measurably changing consumer behavior while driving business growth and profitability for some of today's most recognizable brands. Bread Financial Holdings was founded in 1996 and is based in Columbus, Ohio.

Sell

Explore Related M&A Activity

Business Services M&A - Buyout (LBO, MBO, MBI) M&A Deals - Kentucky M&A - United States M&A - 2000 M&A