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Cano Health went public via a SPAC merger with BlackRock-backed Jaws Acquisition in a $4.4bn deal.

Synopsis

Cano Health, a care delivery platform, went public via a SPAC merger with BlackRock-backed Jaws Acquisition, a special purpose acquisition company, in a $4.4bn deal. "Cano is a great American success story, a story of passionate people, committed to serving the underserved communities in which it operates, providing better health care, at lower cost, with superior outcomes. It is led by equally passionate leaders, in Drs. Marlow Hernandez and Richard Aguilar. This is a story of a company that does well, and will surely grow, while doing good. We are delighted to join them in this journey," Barry Sternlicht, Jaws Acquisition Co-Founder and Chairman.

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