Merger To Form Home-Focused, $2.4 Billion Kidney Care Company InterWell Health Completed

The formation of a value-based kidney care powerhouse was completed Wednesday. Officially formed now is InterWell Health, which came together through a merger of InterWell, Fresenius Health Partners and Cricket Health.  The deal was first announced in March. Together, the companies will become a $2.4 billion brand. The kidney care market has undoubtedly been booming […]

WCAS Commits $300M to New Value-Based Care Platform ‘Valtruis’

One of the most active private equity firms in the senior care space is launching a new portfolio company dedicated to value-based care. Welsh, Carson, Anderson & Stowe (WCAS) announced the formation of Valtruis on Tuesday, along with an initial capital commitment of $300 million. Spearheaded by a founding leadership team that includes managing partners […]

Apax Partners Reportedly Acquiring Stake in WCAS’s InnovAge

The largest Program of All-Inclusive Care for the Elderly (PACE) provider in the United States is reportedly getting another major investor. On Friday, reports surfaced that London-based private equity firm Apax Partners plans to buy a stake in InnovAge from fellow PE giant Welsh, Carson, Anderson & Stowe (WCAS). Apax Partners’ deal for a piece […]

Business Briefs: InnovAge’s For-Profit Conversion

InnovAge Converts to For-Profit to Fund The NextFifty Initiative InnovAge, a Denver, Colorado-based provider of in-home care services, affordable senior housing and other health care and day programs, has finalized an agreement with private equity firm Welsh, Carson, Anderson & Stowe (WCAS) to expand its services and convert from a non-profit entity to a for-profit. […]