Sycamore Partners Acquires CareCentrix (Carve-out from Walgreens Boots Alliance)

Sycamore Partners Acquires Walgreens Boots Alliance

August 28, 2025

Healthcare Services

Sycamore Partners, in partnership with Stefano Pessina and his family, completed the acquisition of Walgreens Boots Alliance, taking the company private and separating its businesses to operate as standalone companies. Following the closing, Walgreens, The Boots Group, Shields Health Solutions, CareCentrix and VillageMD will operate independently to pursue focused growth under private ownership.

Walgreens Boots Alliance Acquires Majority Stake in CareCentrix

October 14, 2021

Healthcare Services

Walgreens Boots Alliance (WBA) has acquired a majority interest in CareCentrix, investing approximately $330 million for a 55% stake at an $800 million valuation, giving WBA majority ownership. The transaction (now completed) integrates CareCentrix's home-centered care coordination capabilities into WBA's newly launched Walgreens Health segment while CareCentrix continues to operate under its existing leadership.

Centivo Acquires Eden Health

May 20, 2024

Healthcare Services

Centivo, a primary care-centered health plan, has acquired virtual-first medical provider Eden Health to expand its clinical capabilities and employer reach nationwide. The deal integrates Eden Health’s virtual primary care, mental health, urgent care and proprietary member app into Centivo’s offering and expands Centivo’s market reach to all 50 U.S. states.

Levine Leichtman Capital Partners and Management Acquire SYNERGY HomeCare from NexPhase Capital

January 21, 2025

Healthcare Services

Levine Leichtman Capital Partners (LLCP) partnered with SYNERGY HomeCare's management team to acquire SYNERGY HomeCare from NexPhase Capital. SYNERGY, a Tempe, Arizona–headquartered franchisor of non-medical in-home care with roughly 240 franchises operating across ~550 territories in 42 states, will continue to be led by CEO Charlie Young; terms were not disclosed.

DW Healthcare Partners Invests in CareXM

November 16, 2020

Healthcare Services

DW Healthcare Partners, a healthcare-focused private equity firm, announced an investment in CareXM, a provider of virtual care and patient engagement solutions used by home health, hospice, physician practices and hospitals. The capital will support CareXM's continued product development and expansion of its 24/7 HIPAA-compliant virtual care and clinical nurse triage services across the United States.

CareRx Acquires Hogan Pharmacy Partners Ltd.

March 30, 2022

Healthcare Services

CareRx Corporation entered into a definitive asset purchase agreement to acquire Hogan Pharmacy Partners Ltd., a technology-enabled long-term care pharmacy serving about 725 residents in Ontario. The consideration includes C$2.2 million in CareRx common shares and a C$2.2 million vendor take-back note; CareRx expects the deal to close in May 2022 and to be immediately accretive to earnings while extending its technology and service capabilities for seniors' congregate care.