Announced
Completed
Financials
Tags
Acquisition
health care investor
Private
Single Bidder
health care infrastructure
Domestic
Completed
Infrastructure Funds
Private Equity
United States
Friendly
Minority
Synopsis
Oaktree Capital, an American global asset management firm, completed a $500m investment in StoneBridge, a company formed to buy, save and turn around deeply distressed hospitals in the cities and suburbs of America. "We want to ensure that these vital places of high-quality care remain open and thriving for the communities they serve. Our experience, our financial investment and our commitment to expanding primary care into the urban areas we serve make our company the only one of its kind," Joshua Nemzoff, StoneBridge CEO.
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