InTouch and Teladoc Merger Leads Busy Month for eHealth Deals

The eHealth sector hit the ground running in 2020. In the first two and a half weeks 15 eHealth transactions have been announced, and we expect it to easily eclipse January 2019’s deal volume of 16. It’s already matched last month’s total count of 15. The headline deal belongs to Teladoc Health, Inc.’s (NYSE: TDOC) acquisition of InTouch Health for $600 million, split into $150 million in cash and $450 million of Teladoc common stock. InTouch Health offers telehealth, cloud-based network, and virtual care solutions services for a broad array of healthcare environments. The company supports more than 3,600 care locations around the world, including many of the top 20... Read More »
Acquisition of Civitas Tops 2018 Behavioral Health Care Deals

Acquisition of Civitas Tops 2018 Behavioral Health Care Deals

The biggest deal in the Behavioral Health Care sector featured a growing trend in healthcare M&A: a publicly traded company taken private. In this case, it was Centerbridge Partners buying Civitas Solutions, Inc. (NYSE: CIVI) for approximately $1.4 billion.  Founded in 1980, Civitas Solutions provides home- and community-based health and human services to must-serve individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Boston-based company markets its services nationally as The Mentor Network and provides behavioral health care in 36 states. Under the terms of the agreement, Centerbridge will acquire all outstanding shares of... Read More »
Behavioral Health Care M&A Recap 2015

Behavioral Health Care M&A Recap 2015

Behavioral health is a growing national concern, finally, and investors are responding to the growing public attention. Mergers and acquisitions in this healthcare sector rose more than 46% last year, to more than 40 transactions. The two publicly traded, pure-play companies in this area, AAC Holdings (NYSE: AAC) and Acadia Healthcare Company (NASDAQ: ACHC), lead the list of acquirers (six and five announced deals, respectively). Private equity firms were also active acquirers, including Kohlberg & Company, Revelstoke Capital Partners, Flexpoint Ford, Vestar Capital Partners and Shore Point Partners. Many PE portfolio companies have been building behavioral health care... Read More »