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New Deal


Announced

Completed

Kinnevik and WBA completed a $1bn investment in Village Practice Management Company.

Financials

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Transaction Value£816m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Minority

Private Equity

Completed

Cross Border

Health Care Services

primary care provider

United States

Acquisition

Friendly

Synopsis

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Kinnevik, an investment firm, and Walgreens Boots Alliance, an American holding company, completed a $1bn investment in Village Practice Management Company, a provider of value-based primary care services. Of WBA’s investment, 80% will be used by VillageMD to fund the opening of the clinics and build the partnership, including integration with Walgreens digital assets.

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