Walgreens Boots Alliance Acquires Majority Stake in CareCentrix

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

August 28, 2025

Healthcare Services

Sycamore Partners has acquired CareCentrix, which will operate as a private standalone company following the closing. The acquisition is in partnership with Stefano Pessina and his family (who reinvested 100% of their interests); CareCentrix will continue to be led by CEO Steve Horowitz and management as it focuses on home-centered, value-based care.

Walgreens Boots Alliance Acquires Remaining Stake in Shields Health Solutions

September 20, 2022

Healthcare Services

Walgreens Boots Alliance entered into a definitive agreement to acquire the remaining ~30% stake in Shields Health Solutions for approximately $1.37 billion, completing WBA's move to full ownership of the specialty pharmacy integrator. Shields, a health system–focused specialty pharmacy accelerator headquartered in Stoughton, Massachusetts, has rapidly grown revenue and partnerships and will continue operating as a distinct business within Walgreens under new leadership.

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.

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.

NeueHealth Acquires Majority Interest in Centrum Medical Holdings

July 7, 2021

Healthcare Services

NeueHealth, the care delivery and physician enablement business of Bright Health Group, has closed the acquisition of a majority interest in Centrum Medical Holdings, LLC, a value-based primary care operator. The deal expands NeueHealth's integrated, risk-bearing clinic footprint (bringing its total to 78 affiliated clinics) and supports planned geographic expansion including entry into Texas and North Carolina.

CarePartners Pharmacy Acquires National Drug Wholesale (NDW)

November 17, 2025

Pharmaceuticals

CarePartners Pharmacy, a national specialty infusion pharmacy based in Libertyville, Illinois, has acquired National Drug Wholesale (NDW), a Santa Clara, California–based pharmaceutical wholesaler and distributor. The deal expands CarePartners’ specialty distribution capabilities, strengthens its biosimilar supply chain and licensing footprint, and supports its payer- and manufacturer-focused cost-containment programs.