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Announced

VillageMD to acquire Summit Medical Group Arizona.

Financials

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

Tags

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Acquisition

Friendly

Health Care Services

Private

health promotion

Pending

United States

medical education

Majority

Single Bidder

medical research

Synopsis

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VillageMD, a provider of primary care, agreed to acquire Summit Medical Group Arizona, a provider of health care services. Financial terms were not disclosed. "I'm thrilled to welcome Summit Medical Group Arizona to VillageMD, ensuring we will deliver primary care led, value-based care to more patients in the Phoenix area. The incredible physicians and staff whom we are partnering with will help us grow our Village Medical brand, and most importantly, provide high-quality care that is coordinated, convenient and accessible to the community," Tim Barry, VillageMD CEO and Co-Founder.

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