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Strategist | strategy-catalyst

Walgreens split into 5 companies under new PE owner, with healthcare assets spun out

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Related Topics:
Payer StrategyHealthcare Services
Relevant Roles:
Chief Strategy Officers

In late August, PE firm Sycamore Partners closed its $10B acquisition of Walgreens and announced plans to split the retailer into five new independent companies:

  • Walgreens (U.S. retail pharmacy chain)

  • The Boots Group (international retail pharmacy chain)

  • Shields Health Solutions (specialty pharmacy services)

  • CareCentrix (healthcare and home-based services)

  • VillageMD (primary care chain)

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