Walgreens Boots Alliance Acquires Remaining Stake in Shields Health Solutions

Welsh, Carson, Anderson & Stowe and Walgreen Co. Invest in Shields Health Solutions

July 31, 2019

Healthcare Services

Welsh, Carson, Anderson & Stowe (WCAS) and Walgreen Co. (Walgreens) made undisclosed equity investments in Shields Health Solutions to support the company’s national expansion and growth of its integrated specialty pharmacy model. The capital will help Shields expand into new disease states and enhance integrated service and technology offerings while accelerating partnerships with health systems nationwide.

Sycamore Partners Completes Acquisition of Walgreens Boots Alliance, Splitting Into Standalone Businesses

August 28, 2025

Healthcare Services

Sycamore Partners has completed its acquisition of Walgreens Boots Alliance (WBA), taking the company private and ending the listing of WBA common stock on Nasdaq. The transaction results in Walgreens, The Boots Group, Shields Health Solutions, CareCentrix, and VillageMD operating as separate standalone companies 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.

Blazing Star Parent LLC (Offeror) to Acquire Walgreens Boots Alliance, Inc.

August 21, 2025

Healthcare Services

Blazing Star Merger Sub, Inc. announced it extended the expiration time and settlement date for its tender offers and related consent solicitations for Walgreens Boots Alliance, Inc.’s debt, in connection with the pending merger. The tender offer/consent process is expressly conditioned on the substantially concurrent closing of the acquisition of WBA under the agreement and plan of merger dated March 6, 2025.

Henry Schein Acquires Majority Interest in Shield Healthcare

October 17, 2023

Healthcare Services

Henry Schein completed the acquisition of a majority interest in Shield Healthcare, a Valencia, California-based supplier of homecare medical products that had approximately $180 million in 2022 net sales. The current owners, including management, will retain a minority stake; financial terms were not disclosed and Henry Schein expects the deal to be neutral to 2023 non-GAAP EPS and accretive thereafter.

GHO Capital Acquires Majority Stake in Sterling Pharma Solutions

February 28, 2019

Pharmaceuticals

GHO Capital has acquired a majority stake in Sterling Pharma Solutions alongside management. The investment will support Sterling's international expansion and accelerate growth of its specialist API development and GMP manufacturing capabilities from its UK base in Newcastle upon Tyne.