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Announced

Completed

Two Sigma completed the acquisition of Circle of Care.

Synopsis

Two Sigma, a hedge fund, completed the acquisition of Circle of Care, a pediatric services provider. Financial terms were not disclosed. "We are honored and excited to partner with a leader in the pediatric care industry who is committed to providing strong and reliable care to an important and vulnerable population. Circle of Care sits at the intersection of two critical issues – an accelerating need for home health services and a labor shortage of qualified clinicians. The supply shortage has only gotten worse during the COVID pandemic and our country needs nearly one million more home health professionals in the next decade. We plan to invest in the human capital side of Circle of Care to deliver high quality therapy to children at a reasonable cost, and our hope is that Circle of Care can help alleviate the supply constraint in this critical part of the healthcare economy," Geoff Lieberthal, Two Sigma Impact Partner.

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