Pharma BD Deal Intelligence

3M Company / M*Modal

2019 · Acquisition/Merger · $1.0B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Dec 19, 2018 Business Wire (3M announcement release) Bullish

This acquisition builds on our strategic commitment to invest in our Health Information Systems business and expands the capabilities of our revenue cycle…

Dec 21, 2018 MedCity News Neutral

M*Modal generates roughly $200 million in annual revenue and brings ~750 employees. Notable history: filed Chapter 11 in 2014 after 2012 acquisition by One…

Feb 04, 2019 MedTech Dive Bullish

3M completed the $1B acquisition of M*Modal's technology business, framed as a strategic expansion of revenue cycle management and population health. Excluded:…

Source summaries from our enrichment pipeline; follow links for originals.

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3M agreed to acquire M*Modal's technology business for $1.0 billion in enterprise value to strengthen 3M Health Information Systems with AI-powered clinical documentation. Closed in Q2 2019.

Did it work? Outcome assessment

Strategic verdict
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Key facts

Related deals — scored

DealYearValueOutcome
3M Company / M*Modal (this deal)2019$1.0B
Watson Pharmaceuticals (Actavis Inc.) / Actavis plc2012$5.9B97
Kohlberg Kravis Roberts & Co. / PRA International (Genstar Capital)2013$1.3B91
Stryker Corporation / MAKO Surgical Corp.2013$1.6B91
Quintiles Transnational Holdings Inc. / IMS Health Holdings, Inc.2016$17.6B91
DPx Holdings B.V. (JLL Partners 51% / Royal DSM 49%) / Patheon Inc. + DSM Pharmaceutical Products2013$2.6B90
Pamplona Capital Management, LLP / PAREXEL International Corporation2017$5.0B90

Compare all 7 side-by-side →

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