McColl Partners, LLC acted as financial advisor to Altius Health Plans, Inc. ("Altius"), a privately-owned, Utah-based, commercial-only health plan, on its sale to Coventry Health Care, Inc. ("Coventry"), a managed health care company operating health plans, insurance companies, and provider networks under a variety of names on a national basis.
Altius' strength in the Utah market as a provider of cost-effective and innovative health plans adds significant value to Coventry as it continues on its national expansion. The acquisition of Altius will enhance Coventry's position in the Rocky Mountain region and provide it with a platform from which to grow operations.
About Altius Health Plans, Inc.
Altius, headquartered in Salt Lake City, Utah, is a privately-owned, Utah-based, commercial-only health plan with total membership of approximately 160,000 consisting of 116,000, risk and 44,000 non-risk members and annual revenues of approximately $235 million. Altius is the largest for-profit, managed care company in Utah.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about our Healthcare Group, please contact Dave Vorhoff at (704) 333-0525. More information about McColl Partners can be found at www.mccollpartners.com.








