On the Record · Cano Health
Cano Health acquisitions, on the record
The businesses Cano Health bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Primary Care Physicians and related entitiesWord for word“On January 2, 2020, we acquired Primary Care Physicians and related entities (collectively, "Primary Care Physicians") for total consideration of $60.2 million, consisting of $53.6 million in cash, $4.0 million of Class A-4 Units of PCIH and $2.6 million in other closing payments.” 10-K for 2021 | acquisition | On January 2, 2020 | $60.2 million |
HP Enterprises II, LLC and related entitiesWord for word“On June 1, 2020, we acquired HP Enterprises II, LLC and related entities (collectively, "HP" or "Healthy Partners") for total consideration of $195.4 million, consisting of $149.3 million in 81 cash, $30.0 million of Class A-4 Units of PCIH and $16.1 million in deferred payments.” 10-K for 2021 | acquisition | On June 1, 2020 | $195.4 million |
University Health Care and its affiliatesWord for word“On June 11, 2021, we acquired University Health Care and its affiliates (collectively, "University") for total consideration of $607.9 million, consisting of $538.3 million in cash, $60.0 million of Class A common stock and $9.6 million in contingent consideration from acquisition add-ons based on additional acquired entities.” 10-K for 2021 | acquisition | On June 11, 2021 | $607.9 million |
Doctor's Medical Center, LLC and its affiliatesWord for word“On July 2, 2021, the Company acquired Doctor's Medical Center, LLC and its affiliates ("DMC"). The purchase price totaled $300.7 million, which was paid in cash.” 10-K for 2021 | acquisition | On July 2, 2021 | $300.7 million |
Jaws Acquisition Corp. (Business Combination with Cano Health, Inc.)Word for word“We are subject to an Amended and Restated Right of First Refusal Agreement (the “ROFR Agreement”), entered into by and among Humana and certain of its affiliates and PCIH, the Seller and the Company upon completion of the business combination on June 3, 2021 (the "Business Combination") pursuant to the terms of the Business Combination Agreement, dated as of November 11, 2020 (as amended) by and among Jaws Acquisition, Corp., Jaws Merger Sub, LLC, PCIH and the seller.” 10-K for 2022 | acquisition | June 3, 2021 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2019-12-31 | $83.4 million | — |
| 2020-12-31 | $207.6 million | — |
| 2021-12-31 | $1.07 billion | — |
| 2022-12-31 | $5.8 million | $33.7 million |
| 2023-12-31 | $0 | — |
Deal filings since 2016
- 2024-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-05-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Cano Health’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-04-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.