Announced
Completed
Financials
Tags
Friendly
Private
Acquisition
United States
Health Care Services
healthcare services
Single Bidder
Domestic
Majority
Completed
Private Equity
Synopsis
Elevance Health, a health insurance provider, completed the acquisition of Paragon Healthcare, a company specializing in life-saving and life-giving infusible and injectable therapies from Peak Rock Capital, a private equity firm. Financial terms were not disclosed. “The acquisition of Paragon Healthcare will deepen our capabilities around providing affordable, convenient access to specialty medications and best-in-class services for our members living with chronic and complex illnesses,” Pete Haytaian, Elevance Health Executive Vice President.
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