Aetna, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Aetna, Inc. - overview
Established
1853
Location
Hartford, CT, US
Primary Industry
Insurance
About
Aetna, Inc. , based in the US, is a prominent healthcare company that specializes in providing comprehensive health insurance and related services aimed at enhancing the well-being of its customers. Aetna, Inc. is a healthcare company that offers insurance products and services.
The firm was founded in 1853 and is headquartered in Hartford, Connecticut, US. Aetna has undergone various strategic initiatives over the years, including the most recent acquisition of Aetna Health Insurance (Thailand) Public Company Limited by Allianz Ayudhya in March 2022, which aims to expand their health insurance footprint in Thailand. Notable individuals involved in Aetna include CEO Charles Kennedy, alongside a team of executives. Aetna Inc.
provides a wide range of healthcare products and services, including health insurance plans, pharmacy benefit management, and health management services, catering to individuals, families, employers, and healthcare providers. Their primary focus is on health maintenance and disease management, offering preventive care and tailored health solutions to millions of members across various geographical markets, particularly in the United States. Aetna Inc. generates revenue through subscriptions to health insurance plans and associated services, primarily from B2B and direct-to-consumer transactions.
Clients pay monthly premiums to access a variety of health services, which encompass medical, dental, and vision care. Aetna also collaborates with healthcare providers to create a service network for its members, further supported by its pharmacy benefit management services, streamlining prescription medication procurement. Aetna plans to leverage its recent funding of USD 78,000 mn, received from CVS Health, to enhance its product offerings and facilitate expansion into new markets. The acquisition of Aetna Health Insurance (Thailand) Public Company Limited is a strategic move to strengthen its presence in the Thai health insurance sector, with expectations to complete the deal within three months from the most recent deal date on March 24, 2022.
This acquisition will support Aetna's efforts to expand its healthcare services in the region.
Primary Industry
Insurance
Sub Industries
Life Insurance, Claims Administration & Processing, Health Insurance
Website
www.aetna.com/
Total Amount Raised
Subscriber access only
Aetna, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Bswift LLC | - | ||||||||
| Trade Sale | Completed | Bswift LLC | - | ||||||||
| Trade Sale | Completed | InterGlobal Insurance Company Limited | - |
Displaying 1 - 3 of 3
Aetna, Inc. - employee data
Aetna, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
Want to see more?
Request a demo for full access to this profile
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.