7 Acquisitions of Companies in the Hospital Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Hospital industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 7 acquisitions that took place in the Hospital industry.

Knights Inn acquired by Red Lion Hotels

Details about the transaction:

Acquisition amount:

$27,000,000

Announcement:

4 April 2018

Details about the company:

Knights Inn offers affordable online hotel and motel room reservations.

Headquarter:

Parsippany, New Jersey, United States

Where to find them:

Industry:

Hospitality, Hotel

Details about the buyer:

A firm in the hospitality industry that primarily owns, operates, and franchises hotels

Headquarter:

Spokane, Washington, United States

Where to find them:

The Nourish Group acquired by Good Spirits Hospi

Details about the transaction:

Acquisition amount:

$19,156,710

Announcement:

15 November 2021

Details about the company:

The Nourish Group has developed for hospitality businesses that support the national economy and culture.

Headquarter:

Auckland, Auckland, New Zealand

Where to find them:

Industry:

Food and Beverage, Food Processing, Hospitality

Details about the buyer:

In particular, the hotel industry is where Good Spirits Hospitality Limited finds high-quality purchase prospects.

Headquarter:

Auckland, Auckland, New Zealand

Where to find them:

NurseGrid acquired by HealthStream

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

9 March 2020

Details about the company:

A company called Nursegrid develops online collaboration and communication technologies.

Headquarter:

Portland, Oregon, United States

Where to find them:

Industry:

Health Care, Hospital, SaaS, Scheduling, Software

Details about the buyer:

To satisfy the needs of training, knowledge, and education, HealthStream offers internet-based learning and research solutions.

Headquarter:

Nashville, Tennessee, United States

Where to find them:

Vardhman Health Specialties acquired by Aknamed

Details about the transaction:

Acquisition amount:

$34,142,114

Announcement:

19 May 2021

Details about the company:

Hospitals can obtain speciality items from Vardhman Health Specialties in the fields of cancer, immunotherapy, and virology.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Health Care, Hospital, Therapeutics

Details about the buyer:

The Indian healthcare supply chain is being streamlined by Aknamed.

Headquarter:

Bengaluru, Karnataka, India

Where to find them:

Elegant Resorts acquired by Seera

Details about the transaction:

Acquisition amount:

$23,339,356

Announcement:

6 February 2014

Details about the company:

A travel agency called Elegant Resorts exclusively provides the best hotels and exceptional customer service for opulent experiences.

Headquarter:

Chester, Cheshire, United Kingdom

Where to find them:

Industry:

Hospitality, Hotel, Leisure, Lifestyle, Travel, Travel Accommodations

Details about the buyer:

Seera is a travel and tourism firm with a well-balanced portfolio of reliable brands that routinely goes above and beyond for customers.

Headquarter:

Riyadh, Ar Riyad, Saudi Arabia

Where to find them:

Templars Medical acquired by Dedicare AB

Details about the transaction:

Acquisition amount:

$2,007,000

Announcement:

30 September 2022

Details about the company:

Doctors are now being hired and employed by Templars Medical Agency in the UK, Ireland, and UK overseas territories.

Headquarter:

Skipton, North Yorkshire, United Kingdom

Where to find them:

Industry:

Health Care, Hospital

Details about the buyer:

The top Nordic staffing and hiring company for healthcare and social work is Dedicare AB.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

VIP Clubs | Taiwan acquired by VIP Global | Our Focus is You

Details about the transaction:

Acquisition amount:

$6,800,000

Announcement:

31 December 2015

Details about the company:

A luxury resorts and private mansion rental and lease management firm with a passion for quality control, VIP is established in Taiwan.

Headquarter:

Taipei, T'ai-pei, Taiwan

Where to find them:

Industry:

Commercial Real Estate, Hospitality, Hotel, Media and Entertainment, Real Estate, Real Estate Investment

Details about the buyer:

Private jet and limo services are provided by VIP Global, a private aviation and chauffeur service company.

Headquarter:

Taipei, T'ai-pei, Taiwan

Where to find them: