Health Care Mergers and Acquisitions

As merger and acquisition activity continues to grow in both volume and value, strategic and financial buyers are competing aggressively for investment opportunities on an unprecedented scale. In the health care industry, M&A transactions reached an all-time high in 2006, with US$260.7 billion committed to finance 991 health care–related deals.  Deal volume and size continue to rise.  In October 2007, a total of 102 deals in the healthcare sector–with over US$14.0 billion in commitments–demonstrate that M&A activity in the healthcare industry will be robust in 2008.

The Health Care M&A team at O’Melveny guides sophisticated companies and financial investors through the complexities of merging, acquiring, and disposing of health care businesses, whether public or private, domestic or international. In 2006, our clients entrusted us with more than 155 M&A transactions with an aggregate value of more than US$90 billion. In 2007, we kicked off the year with our high-profile representation of CCMP Capital Advisors and Goldman Sachs Capital Partners in their attempted US$6.4 billion acquisition of Triad Hospitals. Other M&A clients in the health-care sector include HCA Inc.; Merck & Co., Inc.; and CIGNA Corporation.

Key Facts

Industry Reach

We represent a variety of clients in all sectors of the health care and life sciences industries:

• Biotechnology Companies
• Clinical Laboratories
• Dialysis Companies
• Health Care Internet Companies
• Health Care Services Companies
• Health Insurers and Managed Care Organizations
• Home Health Agencies
• Hospitals and Health Care Systems
• Investment Banks
• Private Equity, Venture Capital, and Other Investors
• Long-Term Care Companies and Assisted-Living Facilities
• Medical Device Manufacturers
• Medical Supply Manufacturers
• Pharmaceutical Manufacturers

Practice Strengths

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