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Announced

Completed

Oaktree Capital completed a $500m investment in StoneBridge.

Financials

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Transaction Value£379m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

health care investor

Private

Single Bidder

health care infrastructure

Domestic

Completed

Infrastructure Funds

Private Equity

United States

Friendly

Minority

Synopsis

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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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