8-K
filed December 31, 2025, 6:59 PM ET
ticker ACH
CIK 0000075252
M&A
confidence high
sentiment positive
materiality 0.90
ACCENDRA HEALTH INC/VA/ (ACH): M&A transaction — Owens & Minor completes $375M sale of P&HS segment to Platinum Equity; will rename to Accendra Health
ACCENDRA HEALTH INC/VA/
- Sale closed for $375M cash, plus 5% retained equity and preserved tax attributes >$150M.
- Company renamed Accendra Health, Inc.; new ticker ACH starts Jan 2, 2026.
- EVP Andrew G. Long (CEO P&HS) and CAO Michael W. Lowry depart; CFO Jonathan Leon assumes principal accounting officer.
- Entered $150M receivables sale program with PNC; proceeds for general corporate purposes.
- Former credit facilities and indentures partially released for sold entities.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.85
ACCENDRA HEALTH INC/VA/ incurred debt of aggregate outstanding amount not to exceed $150 million with PNC Bank, National Association maturing Scheduled Termination Date of October 18, 2027.
- Principal
- aggregate outstanding amount not to exceed $150 million
- Counterparty
- PNC Bank, National Association
- Maturity
- Scheduled Termination Date of October 18, 2027
- Event
- incurrence
Exact text from the filing
On the Closing Date, O&M Funding LLC (“ O&M Funding ”), as Seller, and Byram Healthcare Centers, Inc. (“ Byram ”), as initial Servicer, each a wholly-owned subsidiary of the Company, entered into an Amended & Restated Receivables Purchase Agreement (the “ Amended & Restated Receivables Purchase Agreement ”) with persons from time to time party thereto, as Purchasers, PNC Bank, National Association (“ PNC ”), as Administrative Agent, and PNC Capital Markets LLC, as Structuring Agent, pursuant to which accounts receivable with an aggregate outstanding amount not to exceed $150 million are sold, on a limited-recourse basis, to the Purchasers in exchange for cash (the “ Receivables Sale Program ”).
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
ACCENDRA HEALTH INC/VA/: Amended bylaws to change corporate name from Owens & Minor, Inc. to Accendra Health, Inc (effective 2025-12-24).
- Change
- bylaw amendment
- Effective
- 2025-12-24
Exact text from the filing
On December 24, 2025, the Company filed articles of amendment to its certificate of incorporation (the “ Articles of Amendment ”) and amended its bylaws (the “ Second Amended and Restated Bylaws ”) to change the corporate name set forth therein from “Owens & Minor, Inc.” to “Accendra Health, Inc.”
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
ACCENDRA HEALTH INC/VA/: Filed articles of amendment to certificate of incorporation to change corporate name (effective 2025-12-24).
- Change
- charter amendment
- Effective
- 2025-12-24
Exact text from the filing
On December 24, 2025, the Company filed articles of amendment to its certificate of incorporation (the “ Articles of Amendment ”) and amended its bylaws (the “ Second Amended and Restated Bylaws ”) to change the corporate name set forth therein from “Owens & Minor, Inc.” to “Accendra Health, Inc.”
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
ACCENDRA HEALTH INC/VA/ completed a disposition involving Dominion Healthcare Acquisition Corporation and Dominion Healthcare Holdings, L.P. for $375 million in cash (closed 2025-12-31).
- Action
- disposition
- Counterparty
- Dominion Healthcare Acquisition Corporation and Dominion Healthcare Holdings, L.P.
- Consideration
- $375 million in cash
- Closing
- 2025-12-31
Exact text from the filing
effect to the completion of certain reorganization transactions, comprises the “ Products & Healthcare Services ” or “ P&HS ” business of the Company), for an aggregate of $375 million in cash, subject to certain adjustments for cash, indebtedness, net working capital and transaction expenses (the “ Sale ”) and (ii) contributed, assigned, transferred and
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ACCENDRA HEALTH INC/VA/ amended Amended & Restated Receivables Purchase Agreement with PNC Bank, National Association, PNC Capital Markets LLC valued at $150 million.
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- PNC Bank, National Association, PNC Capital Markets LLC
- Value
- $150 million
Exact text from the filing
On the Closing Date, O&M Funding LLC (“ O&M Funding ”), as Seller, and Byram Healthcare Centers, Inc. (“ Byram ”), as initial Servicer, each a wholly-owned subsidiary of the Company, entered into an Amended & Restated Receivables Purchase Agreement (the “ Amended & Restated Receivables Purchase Agreement ”) with persons from time to time party thereto, as Purchasers, PNC Bank, National Association (“ PNC ”), as Administrative Agent, and PNC Capital Markets LLC, as Structuring Agent, pursuant to which accounts receivable with an aggregate outstanding amount not to exceed $150 million are sold
View on SEC.gov
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