Cardinal Health to Take $290M Stake in WCAS-backed naviHealth
August 27, 2015
Cardinal Health has announced that it is acquiring a 71% stake in naviHealth, a portfolio company of Welsh, Carson, Anderson & Stowe. The transaction is valued at approximately $290 million. Backed by WCAS since 2012, naviHealth seeks to partner with health plans, health systems, physicians and post-acute providers to manage the entire continuum of post-acute care. Cardinal Health, which expects the deal to close by week end, will look to acquire the entire business over the next four years.