Walgreens Boots Alliance is a leading global pharmacy-led health and wellbeing enterprise formed in December 2014 through the merger of Walgreens and Alliance Boots. With over 8,500 locations across the United States, it is one of the largest retail pharmacy chains, ensuring that nearly three quarters of Americans live within five miles of a Walgreens store. The company generates approximately two-thirds of its revenue from prescription drug sales, holding a significant share of the total prescription revenue in the U.S. In addition to pharmaceuticals, Walgreens Boots Alliance also offers a range of retail products, including general wellness consumables and proprietary merchandise. The company continues to enhance its services by integrating healthcare options, such as Health Corner and Village Medical, creating an omnichannel experience that positions Walgreens as a comprehensive healthcare provider.
Senior Vice President and Global Chief Commercial Brands Officer
Chris Palma
Director, Corporate Development
Stefano Pessina
Executive Vice Chairman and CEO
Rina Shah
Senior Vice President, Pharmacy of the Future and Transformation
11 past transactions
Kinnos
Series B in 2023
Kinnos Inc. is a biotechnology company based in Brooklyn, New York, that specializes in improving disinfection practices through innovative color technology. Founded in 2014, the company manufactures a powdered additive called Highlight, which enhances the visibility of disinfectants, ensuring thorough cleaning and compliance during disinfection processes. Highlight provides real-time color-change feedback, allowing users to see where disinfectants have been applied, which helps prevent disease outbreaks on various surfaces. In addition to Highlight, Kinnos also offers Highlight Wipes, a dispensing machine for wipes, and Highlight Powder, another form of their disinfectant additive. The company's mission is to empower individuals to disinfect with confidence and to enhance public health through effective and visible disinfection.
CareCentrix
Acquisition in 2022
CareCentrix is a leading provider of home health benefit management solutions, dedicated to coordinating high-quality and compassionate care in cost-effective settings. Based in Hartford, Connecticut, the company offers a comprehensive range of services, including home nursing, home infusion, respiratory services, wound care, and home medical equipment. Its innovative Homestar program aims to reduce hospital readmissions, while its Sleep Management Solutions division specializes in sleep benefit management for patients and health plans. CareCentrix serves over 23 million individuals through a vast network of 8,000 credentialed home healthcare providers, supported by customer care centers across the United States. The company's focus on optimizing post-acute care and managing serious illnesses at home contributes to improved health outcomes and overall cost reduction in healthcare.
Solera Health
Series D in 2022
Solera Health, Inc. is a preventive care benefits manager based in Phoenix, Arizona, that operates a technology platform designed to connect patients, payers, and physicians with community organizations and digital therapeutics companies. Founded in 2015, Solera's platform consolidates diverse healthcare programs into a single marketplace, facilitating increased consumer participation in health management. The company focuses on value-based health solutions, matching users with tailored programs that address a variety of health concerns, including hypertension, obesity, tobacco usage, diabetes prevention, mental health, and more. By linking members to appropriate health technologies and non-clinical healthcare providers, Solera aims to enhance the management and improvement of overall health outcomes for its users.
VillageMD
Acquisition in 2021
VillageMD is a healthcare management services company focused on supporting primary care physicians. Founded in 2013 and headquartered in Chicago, Illinois, the company provides a comprehensive platform that includes tools, technology, operations, and staffing support. It collaborates with physician groups, independent practice associations, and health systems to enhance quality of care, improve patient experiences, and reduce costs. VillageMD's services encompass management, clinical innovation, analytics, and value-based contract negotiation, enabling healthcare providers to achieve better clinical outcomes across various populations. The company operates in multiple markets, including Chicago, Georgia, Houston, Indianapolis, Kentucky, Michigan, New Hampshire, and Austin.
Shields Health Solutions
Acquisition in 2021
Shields Health Solutions specializes in providing integrated specialty pharmacy services to health systems, focusing on enhancing therapy management and care coordination for patients with chronic and complex diseases. The company collaborates with hospital leaders to support the creation, growth, and management of specialty pharmacies. It offers on-site pharmacy personnel and care professionals, along with a proprietary operational and clinical data platform. Additionally, Shields Health Solutions provides access to a wide range of limited distribution drugs and partnerships with most health insurance payers in the country. This comprehensive approach equips health systems with the necessary information and insights to optimize pharmacy operations and achieve superior patient outcomes.
Vim
Series B in 2021
Vim, Inc. is a healthcare technology company founded in 2015 and based in San Francisco, California. The company develops a platform that enhances the connection between patients and healthcare providers by offering online services for finding, scheduling, and receiving care. Its solutions include online booking and referral coordination, facilitating seamless communication and data sharing among health plans, patients, and a wide range of medical providers, from independent practitioners to large healthcare systems. Vim's platform integrates with electronic health records, enabling real-time access to patient data and insights at the point of care. By improving connectivity within clinical operations, Vim aims to support the delivery of affordable, high-quality healthcare.
VillageMD
Corporate Round in 2020
VillageMD is a healthcare management services company focused on supporting primary care physicians. Founded in 2013 and headquartered in Chicago, Illinois, the company provides a comprehensive platform that includes tools, technology, operations, and staffing support. It collaborates with physician groups, independent practice associations, and health systems to enhance quality of care, improve patient experiences, and reduce costs. VillageMD's services encompass management, clinical innovation, analytics, and value-based contract negotiation, enabling healthcare providers to achieve better clinical outcomes across various populations. The company operates in multiple markets, including Chicago, Georgia, Houston, Indianapolis, Kentucky, Michigan, New Hampshire, and Austin.
Birchbox
Corporate Round in 2018
Birchbox, Inc. is a retail company specializing in beauty, grooming, and lifestyle products. Founded in 2010 and headquartered in New York, it provides a diverse range of items, including skincare, makeup, hair care, fragrances, and personal grooming tools for both women and men. Birchbox operates through a subscription model, delivering personalized samples to customers each month while also offering a robust e-commerce platform for purchasing full-sized products. The company partners with various brands, from well-known favorites to emerging niche labels, utilizing a proprietary algorithm to tailor product selections based on individual customer profiles. Birchbox enhances the shopping experience by providing educational content, including tips and tutorials, alongside a loyalty program to encourage customer engagement. In addition to its physical locations in New York and Washington, D.C., Birchbox has expanded its operations internationally, reaching customers in the United Kingdom, France, Spain, and Belgium.
Sinopharm Holding GuoDa Drug Store
Acquisition in 2017
GuoDa is a national pharmacy chain in China. It is China National Pharmaceutical Group Corporation’s (CNPGC) retail pharmacy platform, established in March 2004 and headquartered in Shanghai. GuoDa operates more than 3,500 retail pharmacies across around 70 cities, and employs close to 20,000 people. In 2016, GuoDa was consolidated into China National Accord Medicines Corporation Ltd. (“Sinopharm Accord”) (Shenzhen Stock Exchange/A Share: 000028). After over 10 years of rapid growth, GuoDa has developed national coverage across 19 provinces, autonomous regions and municipalities. In line with CNPGC’s strategy to further grow the State-owned pharmaceutical and healthcare business, GuoDa aims to take advantage of the unprecedented opportunities created by the Chinese healthcare reform to further expand nationwide.
Liz Earle Beauty
Acquisition in 2015
Liz Earle Beauty Co. Limited, operating as Liz Earle Naturally Active Skincare, is a British company that specializes in the development and marketing of a diverse range of beauty products, including skincare, bath and body items, hair care, fragrance, and makeup. Founded in 1995 and based in Ryde, United Kingdom, the company offers a variety of skincare solutions such as cleansers, moisturizers, and masks, along with bath products like body washes and scrubs. Its hair care line features shampoos and conditioners, while makeup offerings include products for nails, face, and lips. Liz Earle also provides facial and massage treatments in its UK locations, including stores in Leeds, London, Guildford, and the Isle of Wight. The brand is known for its commitment to using naturally active ingredients and delivering exceptional customer service, aiming to promote healthy-looking skin for all skin types. Customers can purchase products through physical stores and online platforms.
Take Care Health Employer Solutions
Acquisition in 2008
Take Care Health Employer Solutions is the nation's premier provider of employer-based healthcare services.
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