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|
|KNR Therapy||Forbes Behavioral Services||N/A|
|Valo Therapeutics Limited||PeptiBAC||N/A|
|TPG Growth||Implantable Provider Group, Inc.||N/A|
|Laboratories, MRI and Dialysis|
|Frontage Laboratories, Inc.||Ocean Ridge Biosciences||N/A|
|Avanath Capital Management||Overlook at Anaheim Hills||$87,500,000|
|Chicago Pacific Founders||Sage Desert Assisted Living and Memory Care||N/A|
|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|
|Private investor represented by Anchor Pacific Capital||Newport Harbor Medical Plaza||$41,000,000|