CareCentrix to Operate as a Private Standalone Company Following Acquisition

HARTFORD, Connecticut—CareCentrix, a home-centered care company that coordinates care for health plans, patients and providers, announced that it is now operating as a private standalone company following its acquisition by Sycamore Partners, a private equity firm based in New York.

Sycamore acquired the business in partnership with Stefano Pessina and his family, who said they have reinvested 100% of their interests in CareCentrix.

This announcement coincides with Sycamore’s acquisition of Walgreens Boots Alliance, Inc. (WBA), CareCentrix’s previous owner. The separation of CareCentrix into a private standalone company is a return to its ownership structure prior to WBA’s acquisition of the business in 2022. CareCentrix will continue to be led by Steve Horowitz as chief executive officer and the rest of its existing management team.

“This is an exciting moment for CareCentrix and our team,” said Horowitz. “Together with Sycamore, we remain committed to advancing our mission to deliver high quality whole-person care, drive better outcomes and create a world where anyone can heal, age and thrive at home.”

“We are pleased to announce that CareCentrix is once again an independent company,” said Stefan Kaluzny, managing director of Sycamore Partners. “We look forward to partnering with the CareCentrix team as they continue to provide exceptional home-centered care serving communities and partners.”

“Our family has deep appreciation for CareCentrix and the impact they have on patients,” said Stefano Pessina. “We are proud to support CareCentrix in its mission to empower health at home by delivering coordinated, timely and compassionate care.”