Target·RCM

Sycamore Partners

New York, United Stateswww.sycamorepartners.com1expert edge

Sycamore Partners is a New York-based private equity firm founded in 2011 specializing in retail, consumer and distribution-related investments. In August 2025 it completed its up-to-$23.7 billion take-private of Walgreens Boots Alliance, splitting it into Walgreens, Boots, Shields Health Solutions, CareCentrix and VillageMD.

Why interesting to a deal team

Sycamore's Walgreens carve-up created five separately governed healthcare and retail assets, each a future exit or co-invest opportunity. Angela Humphreys advised on the regulatory side of that deal, giving a deal team direct access to counsel who knows the entities' licensure and reimbursement structure.

Experts connected to this company

Angela HumphreysHealthcare regulatory counsel on Walgreens Boots Alliance acquisition

Angela Humphreys

Chair of the Healthcare Practice Group and Co-Chair of the Healthcare Private Equity Team

Bass, Berry & Sims PLC

LawyerNashville

She has led $60B+ in healthcare M&A, including WellCare-Centene, and is a go-to regulatory counsel for PE sponsors buying provider and payer-adjacent platforms.

Sources

Name + firmPrimary
sycamorepartners.com/contact
Page titleOther
bassberry.com/experience/sycamore-partners-enters-definitive-agreement-to-acquire-walgreens-boots-alliance-for-a-total-transaction-valued-up-to-23-7-billion
Name + firmPrimary
sycamorepartners.com

Strongest evidencePage title3 public sourcesHow the grades work