Sycamore Partners Closes Walgreens Acquisition & Creates Five Standalone Companies
On August 28, 2025, Sycamore Partners (Sycamore) announced that it had completed its acquisition of Walgreens Boots Alliance, Inc. (WBA), taking WBA private. The announcement stated that WBA’s subsidiary companies Walgreens, The Boots Group, Shields Health Solutions, CareCentrix, and VillageMD will operate as separate, standalone companies.
Sycamore is a private equity firm specializing in consumer, distribution, and retail-related investments. Its strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses, according to its website.
Sycamore and WBA had announced the planned acquisition in March 2025. The deal value was estimated . . .