Tech Company M&A Transactions

AscendHealth Acquisition

Headquartered in New York, AscendHealth was bought by Universal Health Services. The parties disclosed the acquisition price to be $500 million.

Transaction Overview

Company Name
Announced On
6/5/2012
Transaction Type
M&A
Amount
$500,000,000
M&A Terms
Universal Health said it is also taking on $17 million in debt held by Ascend as part of the deal. Universal Health owns and runs 231 hospitals.

Company Information

Company Status
Acquired or Merged
Industry
Healthcare Services
Mailing Address
280 Madison Ave. 305
New York, NY 10016
USA
Email Address
Overview
The AscendHealth Corporation is a newly established behavioral healthcare company whose President and CEO, Richard Kresch, M. D., has maintained a successful 30 year leadership and entrepreneurial record in both the not-for-profit and proprietary sectors.
Profile
AscendHealth LinkedIn Company Profile
Social Media
AscendHealth Company Twitter Account
Company News
AscendHealth News
Facebook
AscendHealth on Facebook
YouTube
AscendHealth on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Kresch
  Richard Kresch LinkedIn Profile  Richard Kresch Twitter Account  Richard Kresch News  Richard Kresch on Facebook
Chief Financial Officer
Steve Page
  Steve Page LinkedIn Profile  Steve Page Twitter Account  Steve Page News  Steve Page on Facebook
Chief Operating Officer
Neal Cury
  Neal Cury LinkedIn Profile  Neal Cury Twitter Account  Neal Cury News  Neal Cury on Facebook
VP - Finance
Cathi Ledet
  Cathi Ledet LinkedIn Profile  Cathi Ledet Twitter Account  Cathi Ledet News  Cathi Ledet on Facebook
VP - Marketing
Randy Kaniecki
  Randy Kaniecki LinkedIn Profile  Randy Kaniecki Twitter Account  Randy Kaniecki News  Randy Kaniecki on Facebook
VP - R & D
Tom Rourke
  Tom Rourke LinkedIn Profile  Tom Rourke Twitter Account  Tom Rourke News  Tom Rourke on Facebook


 

 

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Prev: 6/5/2012: Alert Logic venture capital transaction
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