AcquisitionOct 21, 2026Pending
Hot🇺🇸 United States
AOAmerican Oncology Network, Inc.CCencora, Inc.
Healthcare › Healthcare Services
Enterprise value$2.4BEnterprise value
AnnouncedOct 21, 2026
ConsiderationCash
StructureNot stated
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
Cencora, Inc. agreed to acquire all of the equity interests in American Oncology Network, Inc. that it does not already own, valuing AON at an enterprise value of $2.4 billion, consisting of $2.3 billion at closing and CVRs of up to $100 million payable upon satisfaction of certain conditions, paid in cash.
Deal rationale
The document states the acquisition will expand Cencora's physician-led oncology MSO platform, add complementary capabilities and support community oncology practices across additional states.
AI-generated from the SEC filingPendingHealthcare › Healthcare ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $2.4B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
CCitiJPJ.P. Morgan
Sell-side
MMoelis & Company
Parties
Target
AOAmerican Oncology Network, Inc.
- Headquarters
- United States
- Ticker
- AONC
Acquirer
CCencora, Inc.
- Headquarters
- United States
- Ticker
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