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Kyle Armbrester
Signify Health CEO Kyle Armbrester. [Image: video screenshot]
Done Deal: CVS Completes $8B Acquisition of Dallas’ Signify Health
by Lance Murray | Mar 29, 2023
The proposed acquisition was announced in September, with CVS Health beating out other big-name suitors in a bidding war last summer. “This transaction advances our value-based care strategy by enhancing our presence in the home,” CVS Health President and CEO Karen S. Lynch said. Reuters reported that the deal's closing was delayed by a Department of Justice review over antitrust concerns.
by Lance Murray |
Sep 9, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Ribbon Communications, Texas Brand Bank, Evolve Biologics, and COMSoverign Holding Corp., Warrior Connection, T.D. Jakes Foundation, Mindzie, the City of Fort Worth, UT Arlington, Allied Electronics and Automation, KTA Media Group, My Possibilities, and more.
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by Kevin Cummings |
Sep 9, 2022
In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
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by Kevin Cummings |
Sep 6, 2022
Beating out other big-name contenders like Amazon in the bidding battles, CVS Health is set to acquire Dallas’ Signify Health.
The Rhode Island-based company behind the national chain of pharmacies has inked an agreement to acquire the local tech-enabled home health services firm for $30.50 per share—a deal valued at around $8 billion.
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