Tag: Sycamore Partners
CareCentrix spins off from Walgreens in Sycamore-backed deal
September 2, 2025HME News Staff
HARTFORD, Conn. – CareCentrix is now a private standalone company following its acquisition by Sycamore Partners, a New York-based private equity firm.
The announcement coincides with Sycamore’s acquisition of Walgreens Boots Alliance, CareCentrix’s previous owner. The separation returns CareCentrix to its ownership structure prior to WBA’s acquisition of the company in 2022.
“This is an exciting moment for CareCentrix and our team,” said Steve...
Walgreens taken private by turnaround expert
March 10, 2025HME News Staff
DEERFIELD, Ill., and NEW YORK – Walgreens Boots Alliance has entered into a definitive agreement to be acquired by an entity affiliated with private equity firm Sycamore Partners for up to $23.7 billion.
Leveraging WBA’s health care expertise and Sycamore’s established leadership in retail and consumer services, WBA will be better positioned to become the first choice for pharmacy, retail and health services, the companies say.
“While we are making progress...