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Private equity majors set for big returns after agreeing $8.1bn Kindred at Home sale to Humana

5 A pair of private equity majors have sealed an exit of home health and hospice provider Kindred at Home in a deal valuing the company at $8.1bn. Humana Inc has bought the 60% of KAH that it does not already own, having picked up a minority stake at the time of the $3.15bn buyout by TPG Capital and Welsh Carson Anderson & Stowe in 2017. TPG and WCAS gained their stake in the business as part of their buyout of Kindred Healthcare, which it split into KAH and a separate company specialising in l...
Welsh Carson Anderson Stowe Jeff Rhodes Humana Inc Welsh Carson Anderson Kindred Healthcare Health Care

Silversmith Capital seals $500m-plus Absorb Software sale to WCAS after strong run of bookings growth

April 21, 2021 Welsh Carson Anderson & Stowe has agreed to buy cloud-based learning and performance management software provider Absorb Software from Silversmith Capital Partners at a valation of over $500m. AltAssets has been serving the global private equity industry for over a decade and has become established as a trusted source of independent news and views on the industry by thousands of professionals worldwide.
Knowledge Bank Absorb Software Private Equity Silversmith Capital Welsh Carson அறிவு வங்கி

US Acute Care Solutions buys out minority partner

Print Canton, Ohio-based US Acute Care Solutions, a provider of physician-owned emergency medicine, hospitalist and observation services, is buying out its minority capital partner with the help of a big preferred equity investment made by funds managed by affiliates of the giant Apollo Global Management Inc. (NYSE: APO) of New York. US Acute Care said in a news release that its physician-owners agreed to buy out New York-based private equity firm Welsh, Carson, Anderson & Stowe, and that follo...
New York United States Dominicj Bagnoli Welsh Carson Anderson Stowe Jason Scheir

Humana CEO shares why the insurer is betting on primary care

Now, decades later, Humana is getting back to its roots of providing medical care. This time, the company is hyper-focused on transforming primary care for older people. The national health insurer is investing heavily in building clinics in underserved areas across the country. Its also partnering with primary-care startups like Oak Street Health, ChenMed, and Iora Health to reach more seniors. And last year, Humana pumped $100 million into telehealth startup Heal to bring primary care into pa...
United States Welsh Carson David Wichmann Kaiser Permanente Bruce Broussard University Of Pittsburgh Medical Center

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