Francisco Partners to Acquire bswift from CVS Health

October 3, 2022

Francisco Partners has signed a definitive agreement to acquire bswift, a provider of cloud-based benefits technology and services, from CVS Health. bswift offers enrollment, decision-support and benefits administration software and will continue partnering with CVS Health and Aetna; the transaction is a carve-out expected to close subject to customary conditions.

Buyers
Francisco Partners
Targets
bswift
Sellers
CVS Health
Industry
Cloud & SaaS
Location
Illinois, United States
Transaction Type
Divestiture

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