On the Record · Civitas Solutions
Civitas Solutions acquisitions, on the record
The businesses Civitas Solutions 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 |
|---|---|---|---|
Mass Adult Day Health AllianceWord for word“which we entered in 2014 with the acquisition of the Mass Adult Day Health Alliance.” 10-K for 2016 | acquisition | 2014 | — |
ARY operations in North CarolinaWord for word“We completed the sale of our ARY business in North Carolina in December 2015 and completed the closures of our ARY operations in Florida and Louisiana in December 2015 and Indiana and Texas in January 2016.” 10-K for 2016 | divestiture | December 2015 | — |
I/DD operations in the state of ConnecticutWord for word“In August 2014, we discontinued our I/DD operations in the state of Connecticut.” 10-K for 2016 | divestiture | August 2014 | — |
ARY services in Illinois, Florida, Louisiana, Indiana, North Carolina and Texas (ARY Divestitures)Word for word“During the years ended September 30, 2016 and 2015, we discontinued ARY services in states of Illinois, Florida, Louisiana, Indiana, North Carolina and Texas ("ARY Divestitures").” 10-K for 2016 | divestiture | during the years ended September 30, 2016 and 2015 | — |
eight companies in the Human Services segment and four companies in the SRS segmentWord for word“During the fiscal year ended September 30, 2016 , we acquired the assets of eight companies complementary to our business in the Human Services segment and four companies in the SRS segment for total cash consideration of $45.2 million .” 10-K for 2016 | acquisition | during the fiscal year ended September 30, 2016 | — |
ten companies in the Human Services segment and one company in the SRS segmentWord for word“During the fiscal year ended September 30, 2014, we acquired the assets of ten companies complementary to our business in the Human Services segment and one company in the SRS segment, for total fair value consideration of $56.1 million, including $2.4 million of contingent consideration.” 10-K for 2016 | acquisition | during the fiscal year ended September 30, 2014 | — |
Habilitative Services, Inc.Word for word“Additionally, during fiscal 2017 we acquired Habilitative Services, Inc. which is located in Minnesota and is expected to increase the amount of revenue we derive from contracts wtih government agencies in the state of Minnesota.” 10-K for 2017 | acquisition | during fiscal 2017 | — |
47 companies acquired from the beginning of fiscal 2013 through September 30, 2017Word for word“From the beginning of fiscal 2013 through September 30, 2017, we have successfully acquired 47 companies, at an aggregate purchase price of approximately $238.7 million , including $9.7 million to settle contingent consideration obligations.” 10-K for 2017 | acquisition | From the beginning of fiscal 2013 through September 30, 2017 | approximately $238.7 million |
eleven companies (assets or equity interests)Word for word“During the fiscal year ended September 30, 2017 , we acquired the assets or equity interests of eleven companies for total consideration of $82.1 million .” 10-K for 2017 | acquisition | During the fiscal year ended September 30, 2017 | $82.1 million |
twelve companies (assets)Word for word“During the fiscal year ended September 30, 2016 , we acquired the assets of twelve companies for total consideration of $45.2 million .” 10-K for 2017 | acquisition | During the fiscal year ended September 30, 2016 | $45.2 million |
ten companies (assets)Word for word“During the fiscal year ended September 30, 2015, we acquired the assets of ten companies for total consideration of $44.8 million, including $6.1 million of contingent consideration.” 10-K for 2017 | acquisition | During the fiscal year ended September 30, 2015 | $44.8 million, including $6.1 million of contingent consideration |
ARY operations in the state of North CarolinaWord for word“Other expense of $0.9 million for the year ended September 30, 2016 was due to a $1.3 million loss recorded on the sale of our ARY operations in the state of North Carolina.” 10-K for 2017 | divestiture | — | — |
eleven companiesWord for word“During the fiscal year ended September 30, 2018 , we acquired the assets or equity interests of eleven companies for total consideration of $99.8 million , net of $0.8 million of cash acquired and including $1.8 million of contingent consideration.” 10-K for 2018 | acquisition | During the fiscal year ended September 30, 2018 | $99.8 million |
twelve companiesWord for word“During the fiscal year ended September 30, 2016 , we acquired the assets of twelve companies for total consideration of $45.2 million .” 10-K for 2018 | acquisition | During the fiscal year ended September 30, 2016 | $45.2 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-09-30 | $45.2 million | $9.4 million |
| 2017-09-30 | $82.1 million | $27.6 million |
| 2018-09-30 | $100.1 million | $36.5 million |
Deal filings since 2016
- 2019-03-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Civitas Solutions’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2018-12-13. 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.