.
MergerLinks Header Logo

New Deal


Announced

Apollo Global-backed LifePoint Health to acquire Kindred Healthcare.

Financials

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

Tags

Edit

Private

Domestic

Friendly

United States

contract rehabilitation services

inpatient rehabilitation facilities

long-term acute care hospitals

Health Care Services

Majority

Acquisition

Single Bidder

Pending

Private Equity

Synopsis

Edit

Apollo Global-backed LifePoint Health, a provider of healthcare services such as cancer care, surgical treatment and medical facilities, agreed to acquire Kindred Healthcare, a provider of healthcare services such as antibiotic therapy, diabetes management and others, from TPG, Welsh and PSP. Financial terms were not disclosed. “Kindred’s focus on healing and hope, provided through its long-term acute care hospitals, rehabilitation centers and most recently its behavioral health services – an important and growing need across the country – is highly complementary to the current LifePoint network. We share a commitment to partnerships to benefit patients, and together, we will advance clinical and quality excellence, make healthcare more accessible and support healthier communities," David Dill, LifePoint President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US