Universal American - M&A Summary, Ownership, and Business Overview

Healthcare ServicesCompany

Universal American M&A Summary

Universal American has acquired 4 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 5 assets.

Universal American’s largest acquisition to date was in 2007, when it acquired MemberHealth for $650M. It’s largest disclosed sale occurred in 2010, when it sold Universal American - Medicare Prescription Drug Business to CVS Health for $1.3B. Universal American has acquired in 3 different US states. The Company’s most targeted sectors include healthcare services (100%).

Universal American Ownership

Who owns Universal American?

Universal American is owned by WellCare Health Plans. It was acquired on November 17, 2016.

Was Universal American formerly PE-backed?

Yes. Universal American was formerly owned by 4 private investors.

Universal American Business Overview

Where is Universal American headquartered?

Universal American is headquartered in White Plains, New York.

What is Universal American’s revenue?

Universal American disclosed revenue of 1,491M USD for 2015 and 1,595M USD for 2014.

How many employees does Universal American have?

Universal American has 1,500 employees.

What sector is Universal American in?

Universal American is a healthcare services company.

When was Universal American founded?

Universal American was founded in 1981.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity3
    • M&A Sell Activity5
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8
  • M&A Advisors 4

Universal American

Universal American Corp.

44 South Broadway, Suite 1200,
White Plains, New York 10601
United States,
(914) 934-5200
www.universalamerican.com

Universal American is a provider of health care products and services.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $976M $976M
Sell (0.0/yr) # 5 - - - - - 5
vol $1.3B $1.3B
  8

Most Recent M&A

Company Date Value Type
Universal American Corp. - Traditional Insurance Business 2016-08-03 31M USD Divestiture
White Plains, New York
Universal American Corp. - Total Care Medicaid Plan 2016-04-19 41M USD Divestiture
New York, New York
Keystone Peer Review Organization, Inc. 2015-05-07 - Divestiture
Nashville, Tennessee · www.kepro.com
Keystone Peer Review Organization, Inc. 2012-03-02 228M USD Add-on Acquisition
Nashville, Tennessee · www.kepro.com
Universal American Corp. - Medicare Prescription Drug Business 2010-12-31 1.3B USD Divestiture
White Plains, New York
CHCS Services, Inc. 2010-04-27 - Divestiture
Pensacola, Florida · www.chcs-services.com
MemberHealth, Inc. 2007-09-24 650M USD Add-on Acquisition
Solon, Ohio · www.mhrx.com
Heritage Health Systems, Inc. 2004-05-27 98M USD Add-on Acquisition
Houston, Texas · www.hhsi.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 3 (100%) 976M (100%) 3 (60%) 1.3B (98%)
Insurance - - 2 (40%) 31M (2%)
Total 3 $976M 5 $1.3B

By Geo

State/Country Buy Value Sell Value
United States 3 976M 5 1.3B
  New York - - 3 1.3B
  Tennessee 1 228M 1 -
  Texas 1 98M - -
  Ohio 1 650M - -
  Florida - - 1 -
Total 3 $976M 5 $1.3B

Top M&A Advisors

Financial Deals
Goldman Sachs
2
Credit Suisse Investment Banking
1
Legal Deals
Paul, Weiss, Rifkind, Wharton & Garrison
2
Locke Lord
1

Deal Values

buy # Total
$100M to $1B 2 $878M
< $100M 1 $98M
TOTAL $976M
Largest MemberHealth, Inc.
$650M (2007-09-24)
sell # Total
> $1B 1 $1.3B
< $100M 2 $72M
TOTAL $1.3B
Largest Universal American Corp. - Medicare Prescription Drug Business
$1.3B (2010-12-31)

M&A Connections

Deals
Acquired from
Investor(s)
67%
2 (67%)
Divested to
Investor(s)
20%
1 (20%)
Strategic(s)
80%
4 (80%)

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