On the Record · Hanger
Hanger acquisitions, on the record
The businesses Hanger 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 |
|---|---|---|---|
an O&P business (first quarter 2019 equity interests)Word for word“In the first quarter of 2019, we completed the acquisition of all the outstanding equity interests of an O&P business for total consideration of $32.8 million, of which $27.7 million was cash consideration, net of cash acquired, $4.4 million was issued in the form of notes to shareholders at fair value, and $0.7 million in additional consideration.” 10-K for 2019 | acquisition | In the first quarter of 2019 | total consideration of $32.8 million |
an O&P business (second quarter 2019 equity interests)Word for word“In the second quarter of 2019, we completed the acquisition of all the outstanding equity interests of an O&P business for total consideration of $0.5 million, of which $0.2 million was cash consideration, net of cash acquired, and $0.3 million was issued in the form of notes to shareholders at fair value.” 10-K for 2019 | acquisition | In the second quarter of 2019 | total consideration of $0.5 million |
one O&P business (equity interests) and another O&P business (assets), third quarter 2019Word for word“In the third quarter of 2019, we completed the acquisition of all the outstanding equity interests of one O&P business and acquired the assets of another O&P business for total consideration of $3.3 million, of which $3.0 million was cash consideration, net of cash acquired, and $0.3 million was issued in the form of notes to shareholders at fair value.” 10-K for 2019 | acquisition | In the third quarter of 2019 | total consideration of $3.3 million |
one O&P business (equity interests) and another O&P business (assets), fourth quarter 2019Word for word“In the fourth quarter of 2019, we completed the acquisition of all the outstanding equity interests of one O&P business and acquired the assets of another O&P business for total consideration of $7.8 million, of which $5.0 million was cash consideration, net of cash acquired, and $2.8 million was issued in the form of notes to shareholders at fair value.” 10-K for 2019 | acquisition | In the fourth quarter of 2019 | total consideration of $7.8 million |
two O&P businessesWord for word“In the fourth quarter of 2018, we completed the acquisitions of two O&P businesses for an aggregate purchase price of $3.1 million.” 10-K for 2019 | acquisition | In the fourth quarter of 2018 | aggregate purchase price of $3.1 million |
an O&P business (second quarter 2020 acquisition of all outstanding equity interests)Word for word“In the second quarter of 2020, we acquired all of the outstanding equity interests of an O&P business for total consideration of $46.2 million at fair value, of which $16.8 million was cash consideration, net of cash acquired, $21.9 million was issued in the form of notes to the former shareholders, $3.5 million in the form of a deferred payment obligation to the former shareholders, and $4.0 million in additional consideration.” 10-K for 2020 | acquisition | second quarter of 2020 | total consideration of $46.2 million at fair value |
four O&P businesses (fourth quarter 2020 acquisitions of all outstanding equity interests)Word for word“In the fourth quarter of 2020, we completed the acquisitions of all the outstanding equity interests of four O&P businesses for total consideration of $7.1 million, of which $4.9 million was cash consideration, net of cash acquired, $1.9 million was issued in the form of notes to shareholders at fair value, and $0.3 million in additional consideration.” 10-K for 2020 | acquisition | fourth quarter of 2020 | total consideration of $7.1 million |
an O&P business (first quarter 2019 acquisition of all outstanding equity interests)Word for word“In the first quarter of 2019, we completed the acquisition of all the outstanding equity interests of an O&P business for total consideration of $32.8 million, of which $27.7 million was cash consideration, net of cash acquired, $4.4 million was issued in the form of notes to shareholders at fair value, and $0.7 million in additional consideration.” 10-K for 2020 | acquisition | first quarter of 2019 | total consideration of $32.8 million |
an O&P business (second quarter 2019 acquisition of all outstanding equity interests)Word for word“In the second quarter of 2019, we completed the acquisition of all the outstanding equity interests of an O&P business for total consideration of $0.5 million, of which $0.2 million was cash consideration, net of cash acquired, and $0.3 million was issued in the form of notes to shareholders at fair value.” 10-K for 2020 | acquisition | second quarter of 2019 | total consideration of $0.5 million |
one O&P business equity interests and assets of another O&P business (third quarter 2019)Word for word“In the third quarter of 2019, we completed the acquisition of all the outstanding equity interests of one O&P business and acquired the assets of another O&P business for total consideration of $3.3 million, of which $3.0 million was cash consideration, net of cash acquired, and $0.3 million was issued in the form of notes to shareholders at fair value.” 10-K for 2020 | acquisition | third quarter of 2019 | total consideration of $3.3 million |
one O&P business equity interests and assets of another O&P business (fourth quarter 2019)Word for word“In the fourth quarter of 2019, we completed the acquisition of all the outstanding equity interests of one O&P business and acquired the assets of another O&P business for total consideration of $7.8 million, of which $5.0 million was cash consideration, net of cash acquired, and $2.8 million was issued in the form of notes to shareholders at fair value.” 10-K for 2020 | acquisition | fourth quarter of 2019 | total consideration of $7.8 million |
four O&P businesses (first quarter 2021)Word for word“During the first quarter of 2021, we completed the acquisitions of four O&P businesses for a total purchase price of $24.4 million.” 10-K for 2020 | agreed acquisition | first quarter of 2021 | total purchase price of $24.4 million |
three O&P businesses and the assets of one O&P businessWord for word“In the first quarter of 2021, we completed the acquisitions of all the outstanding equity interests of three O&P businesses and the assets of one O&P business for total consideration of $24.2 million, of which $19.2 million was cash consideration, net of cash acquired, $4.0 million was issued in the form of notes to shareholders at fair value, and $1.0 million in additional consideration.” 10-K for 2021 | acquisition | In the first quarter of 2021 | $24.2 million |
eight O&P businessesWord for word“In the fourth quarter of 2021, we completed the acquisitions of all the outstanding equity interests of eight O&P businesses for total consideration of $53.1 million, of which $40.8 million was cash consideration, net of cash acquired, and $12.3 million was issued in the form of notes to shareholders at fair value.” 10-K for 2021 | acquisition | In the fourth quarter of 2021 | $53.1 million |
one O&P businessWord for word“During the first quarter of 2022 to date, we completed the acquisition of one O&P business for a total purchase price of $5.0 million.” 10-K for 2021 | acquisition | During the first quarter of 2022 to date | $5.0 million |
an O&P businessWord for word“In the second quarter of 2020, we acquired all of the outstanding equity interests of an O&P business for total consideration of $46.2 million at fair value, of which $16.8 million was cash consideration, net of cash acquired, $21.9 million was issued in the form of notes to the former shareholders, $3.5 million in the form of a deferred payment obligation to the former shareholders, and $4.0 million in additional consideration.” 10-K for 2021 | acquisition | In the second quarter of 2020 | $46.2 million |
four O&P businessesWord for word“In the fourth quarter of 2020, we completed the acquisitions of all the outstanding equity interests of four O&P businesses for total consideration of $7.1 million, of which $4.9 million was cash consideration, net of cash acquired, $1.9 million was issued in the form of notes to shareholders at fair value, and $0.3 million in additional consideration.” 10-K for 2021 | acquisition | In the fourth quarter of 2020 | $7.1 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-12-31 | $2 million | $2.4 million |
| 2019-12-31 | $36.6 million | $35.9 million |
| 2020-12-31 | $21.8 million | $45.1 million |
| 2021-12-31 | $80.1 million | — |
Deal filings since 2016
- 2022-10-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-07-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-03-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Hanger’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-02-28. 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.