Announced
Financials
Tags
United States
Health Care Services
Private
Health Care Facilities
employer health centers
Friendly
Acquisition
Restructuring
Pending
Majority
Private Equity
Single Bidder
Synopsis
General Atlantic, a leading global growth equity firm, invested in Marathon Health, a leading provider of employer health centers. Financial terms were not disclosed. The partnership will position Marathon to scale its operations and footprint further to serve employees, spouses, and dependents across the United States. Along with the transaction, General Atlantic became the majority owner of Marathon, while Goldman Sachs’ Private Capital Investing Division has exited its approximately three-year partnership with the Company. “Over the past 14 years, Marathon Health has acted as a trusted partner to patients, providers, and employers. We are appreciative of Goldman Sachs’ involvement as an investor for the past three years, and as we look ahead to our next phase of growth, we have the opportunity to expand into a broader population health platform, an area in which General Atlantic brings specific expertise. The General Atlantic team shares our vision of creating an engaged system of primary care that integrates multiple solutions to improve patient health outcomes while offering meaningful value to employers. We are thrilled to be entering this next chapter alongside General Atlantic” Jerry Ford, Marathon Health CEO.
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