The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our HealthCareMandA.com Deal Database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry.
The largest deal of the week is Accolade, Inc.‘s acquisition of PlushCare, a leading virtual primary care and mental health platform that offers virtual doctor visits to patients in all 50 U.S. states. The deal was valued at $390 million, consisting of $40 million in cash and $340 million in Accolade common stock. Additionally, Accolade will pay up to an additional $70 million payable upon the achievement of defined revenue milestones. In 2020, PlushCare generated $35 million in unaudited revenues.
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| Behavioral Health Care | ||
| Acquirer | Target | Price |
| KNR Therapy | Forbes Behavioral Services | N/A |
| Biotechnology | ||
| Acquirer | Target | Price |
| Valo Therapeutics Limited | PeptiBAC | N/A |
| eHealth | ||
| Acquirer | Target | Price |
| Accolade, Inc. | PlushCare | $390,000,000 |
| TPG Growth | Implantable Provider Group, Inc. | N/A |
| Laboratories, MRI and Dialysis | ||
| Acquirer | Target | Price |
| Frontage Laboratories, Inc. | Ocean Ridge Biosciences | N/A |
| Long-Term Care | ||
| Acquirer | Target | Price |
| Avanath Capital Management | Overlook at Anaheim Hills | $87,500,000 |
| Chicago Pacific Founders | Sage Desert Assisted Living and Memory Care | N/A |
| Managed Care | ||
| Acquirer | Target | Price |
| Sun Life Financial Inc. | Pinnacle Care International, Inc. | $85,000,000 |
| Molina Healthcare, Inc. | Cigna’s Texas Medicaid and Medicare-Medicaid Plans | $60,000,000 |
| Other Services | ||
| Acquirer | Target | Price |
| Private investor represented by Anchor Pacific Capital | Newport Harbor Medical Plaza | $41,000,000 |
