AcquisitionOct 6, 2026Pending
🇺🇸 United States
OCOption Care Health, Inc.CRCD&R and McKesson Corporation
Healthcare › Healthcare Services
Enterprise value$5.8BEnterprise value
AnnouncedOct 6, 2026
ConsiderationCash
StructureNot stated
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
CD&R and McKesson Corporation agreed to acquire Option Care Health, an independent provider of home and alternate site infusion services, for $32.05 per share in cash, reflecting a total enterprise value of approximately $5.8 billion. Under the agreement, CD&R would hold a majority interest of approximately 51% and McKesson would invest approximately $1.4 billion for a minority interest of approximately 49%.
Deal rationale
The transaction is presented as providing immediate cash value to Option Care Health stockholders and as aligning with McKesson's strategy to expand access to complex specialty therapies in lower-cost community and home settings, with CD&R contributing its healthcare services experience.
AI-generated from the SEC filingPendingHealthcare › Healthcare ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $5.8B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
BOBank of AmericaBBarclaysGSGoldman SachsJJefferiesWFWells Fargo
Sell-side
CPCenterview Partners
Parties
Target
OCOption Care Health, Inc.
- Headquarters
- United States
- Ticker
- OPCH
Acquirer
CRCD&R and McKesson Corporation
- Headquarters
- United States
- Ticker
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