🎤 Breaking News: The growth-oriented private equity firm, TPG, and our long-time distribution partner, AmerisourceBergen, have combined to offer a winning bid for OneOncology at a $2.1 billion evaluation. 👀
TPG will be the majority owner and AmerisourceBergen will be a significant minority investor. Together OneOncology’s affiliated practices, physicians, and management team, TPG, and AmerisourceBergen will form a new joint venture.
OneOncology’s founding vision of significant physician 👨⚕️ 👩⚕️ ownership remains. OneOncology will continue to be led by physicians.
Dr. Jeff Patton, MD: “OneOncology has been focused on strengthening independent oncology practices by helping them grow and deliver high-value cancer services, and General Atlantic’s involvement and investment have been central to our success. As we look ahead, we are excited to continue building the platform in partnership with TPG, a proven investor in the healthcare provider space, and AmerisourceBergen, a healthcare leader with significant capabilities and solutions for community oncology practices.”
Check out the full press release. ⤵
https://lnkd.in/e2924TFp
Associate Director, Oncology Account Management - Market Access
1yThat’s a great group of people. Thanks for all that you do to help the cancer community.