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New Deal


Announced

Ramco Healthcare Holdings to acquire two Chicago area community hospitals from Pipeline Health System for $92m.

Financials

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Transaction Value£69m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

United States

Health Care Facilities

Private

Majority

hospital

Domestic

Acquisition

Pending

Real Estate

Synopsis

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Ramco Healthcare Holdings to acquire two Chicago area community hospitals from Pipeline Health System, a healthcare company, for $92m. "We look forward to earning the approval of the Illinois Health Facilities and Services Review Board and sharing with the board our sound financial and operational plans to strengthen the viability of both hospitals. It is essential to continue the critical mission of providing healthcare services to the communities of Oak Park, Chicago's West Side as well as Chicago's Uptown neighborhood," Reddy Rathnaker Patlola, Ramco Healthcare Holdings Owner.

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