Premier Health Acquires Umana Holdings and Canadian Health Care Agency

April 7, 2022

Premier Health of America Inc. entered into a share purchase agreement to acquire 100% of Umana Holdings Inc. and its operating subsidiary Canadian Health Care Agency (CHCA) via a newly formed wholly owned subsidiary for total consideration of C$10.5M to C$14.5M (cash, with deferred payments tied to performance). CHCA, based in Cambridge, Ontario, provides specialized nursing services (notably to Indigenous Services Canada in remote northern communities) and will become a wholly owned subsidiary of Premier Health as part of the company’s expansion outside Québec into Ontario and northern regions.

Buyers
Premier Health of America Inc., 13822214 Canada (CanCo)
Targets
Umana Holdings Inc., Canadian Health Care Agency (CHCA)
Sellers
Shareholders of Umana Holdings Inc.
Location
Ontario, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.