Humana, TPG and WCAS complete Curo acquisition
Summary
Humana Inc, TPG Capital and Welsh, Carson, Anderson & Stowe have closed their previously announced buyout of Curo Health Services .LOUISVILLE, Ky. & SAN FRANCISCO & NEW YORK & MOORESVILLE, N.C.–(BUSINESS WIRE)–Humana Inc. (NYSE: HUM), TPG Capital (TPG) and Welsh, Carson, Anderson & Stowe (WCAS) (collectively, the Consortium) today announced the completion of the previously announced acquisition of Curo Health Services (Curo), one of the nation’s leading hospice operators providing care to patients at 245 locations in 22 states, from Thomas H. Lee Partners.TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.The Firm is currently investing an equity fund, Welsh, Carson, Anderson and Stowe XII, L.P., which closed on over $3.3 billion in commitments.WCAS’s strategy is to partner with outstanding management teams and build value for its investors through a combination of operational improvements, internal growth initiatives and strategic acquisitions.