Key Takeaways
- • Welsh, Carson, Anderson & Stowe (WCAS) is selling a stake in joint ventures valued at $2.8bn that own CenterWell Senior Primary Care clinics to BlackRock's HPS investment unit.
- • The joint ventures own nearly 150 CenterWell Senior Primary Care clinics, which deliver senior-focused, value-based primary care within Humana's CenterWell business.
- • The transaction marks a private credit and private equity exit for WCAS from a healthcare services platform tied to Humana.
Summary
Welsh, Carson, Anderson & Stowe (WCAS) has agreed to sell a stake in joint ventures that own CenterWell Senior Primary Care clinics to BlackRock's HPS unit, according to the original report. The stake is valued at $2.8bn.
The joint ventures own nearly 150 CenterWell Senior Primary Care clinics. These clinics provide senior-focused, value-based primary care as part of Humana's CenterWell business, which operates within the broader senior health services segment.
The source article is partially paywalled, so further terms of the transaction, including the exact stake percentage, closing timeline and any conditions, are not available in the material reviewed. Readers seeking those details should consult the full report.
The joint ventures own nearly 150 CenterWell Senior Primary Care clinics. These clinics provide senior-focused, value-based primary care as part of Humana's CenterWell business, which operates within the broader senior health services segment.
The source article is partially paywalled, so further terms of the transaction, including the exact stake percentage, closing timeline and any conditions, are not available in the material reviewed. Readers seeking those details should consult the full report.
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