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New Deal


Announced

Completed

Tower Health and Drexel University completed the acquisition of St. Christopher's Hospital for Children for $50m.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Facilities

Acquisition

pediatric specialties

medical facility

Friendly

United States

Majority

Private

Completed

Single Bidder

Synopsis

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Tower Health, a provider of health care services, and Drexel University, a provider of educational services, completed the acquisition of St. Christopher's Hospital for Children, a medical facility, for $50m. "We are excited about a bright future for St. Christopher's as it continues to serve as a center for healthcare, medical education and research, and innovation," Clint Matthews, Tower Health President, and CEO.

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