Health Care M&A Deals, Week Ending October 19, 2018

The Health Care M&A Weekly chart is a selection of transactions announced during the prior week(s). The deals presented here are from our Deal Search Online database, which is updated every business day, in the quarterly report. Visit www.dealsearchonline.com to see how Deal Search Online can help you stay up-to-date on the healthcare market overall, or in […]

 

Novartis Bags Cancer Researcher Endocyte

With little fanfare, Swiss drug maker Novartis AG (NYSE: NVS) bagged Endocyte, Inc. (NASDAQ: ECYT) for $2.1 billion, or $24.00 per share. The price represents a 54% premium to Endocyte’s closing price on October 17, 2018, the day before this deal was announced. Endocyte, a biopharmaceutical company based in Indiana, develops targeted therapies for the […]

 

Canopy Growth Corp. Gets Ebbu Inc.

October 17, 2018 was a big day for Canada, which officially allowed adult recreational cannabis use across all provinces beginning at midnight. There was a flurry of deal making in the week leading up to the event, mostly from MedMen Enterprises (OTCQB: MMNFF) here in the States, as it snapped up dispensaries and their licenses. Up […]

 

BHC Sector Booms as Acadia Healthcare Explores a Sale

Mergers and acquisitions in the Behavioral Health Care sector are booming in 2018, with 68 transactions made public through mid-October, 21% higher than the total in 2017. Now comes the report that one of the sector’s largest publicly traded companies, Acadia Healthcare Company (NASDAQ: ACHC), is in talks with a few interested parties to sell […]

 

Avella Specialty Pharmacy Goes to OptumRx

The auction for Riordan, Lewis & Haden‘s portfolio company, Avella Specialty Pharmacy, was well under way back in February, according to industry sources. UnitedHealth Group‘s (NYSE: UNH) Optum was reported to be in the lead, and then things went dark. It wasn’t until UnitedHealth Group’s third quarter earnings report was published on October 16 that […]

Health Care M&A Deals, Week Ending October 12, 2018

The Health Care M&A Weekly chart is a selection of transactions announced during the prior week(s). The deals presented here are from our Deal Search Online database, which is updated every business day, in the quarterly report. Visit www.dealsearchonline.com to see how Deal Search Online can help you stay up-to-date on the healthcare market overall, or in […]

Anju Software Makes a Deal for Zephyr Health

Anju Software has had a busy year, making three transactions public in the first three quarters of 2018. Its latest deal is for Zephyr Health, a San Francisco-based startup backed by Kleiner Perkins Caulfield & Byers, Icon Ventures and Google Ventures. Anju, a life sciences software platform, is backed by Providence Equity Partners. Its integrated platform spans […]

Amedisys Makes a Compassionate Care Hospice Deal

There’ve been some big moves in the hospice market this year, the largest being the $1.4 billion acquisition of Curo Health Services LLC by Humana (NYSE: HUM), TPG Capital and Welsh, Carson, Anderson & Stowe back in April. Curo Health is one of the nation’s leading hospice operators providing care to patients in 245 location in 22 […]

Bain Capital Builds a Home Health Platform

Bain Capital Double Impact, the impact investing business of Bain Capital, waded into the Home Health Care sector last week. The fund acquired two regional companies on both coasts in order to combine them and create a national home care platform for older adults called Arosa+LivHome. Arosa, based in Durham, North Carolina, operates Nurse Care […]

Cannabis Cultivators Keep Growing in October

The medical marijuana market is catching fire in the United States. Less than two weeks into the month of October, MedMen Enterprises (CSE: MMEN) has notched up four deals, and market giant Tilray, Inc. (NASDAQ: TLRY) has announced one. MedMen, based in Culver City, California, is a leading cultivator, producer and retailer of state-sanctioned cannabis in […]