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
Acquired By
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
New York, NY 10016
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Kresch
Chief Financial Officer
Steve Page
Chief Operating Officer
Neal Cury
VP - Finance
Cathi Ledet
VP - Marketing
Randy Kaniecki
VP - R & D
Tom Rourke
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