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New Deal


Announced

Completed

Express Scripts completed the acquisition of eviCore for $3.6bn.

Financials

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Transaction Value£2,741m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

United States

Friendly

medical benefits

Domestic

Completed

Private

Health Care Services

Single Bidder

Private Equity

Synopsis

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Express Scripts, a pharmacy benefit management organization, completed the acquisition of eviCore, a provider of evidence-based medical benefit management services, for $3.6bn. "Americans want access to the best care at a reasonable cost. Joining forces with eviCore accelerates our shift toward holistic patient benefit management. It allows us, in partnership with health plans and payers, to target our country's enormous healthcare waste due to nonadherence to medicine, unnecessary procedures and a lack of coordinated, evidence-based care," Tim Wentworth, Express Scripts President and CEO.

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