Vestar sells majority of StayWell to Merck’s Healthcare Services & Solutions
Healthcare Services & Solutions LLC, a subsidiary of Merck & Co, has acquired a majority stake in StayWell Company LLC. Vestar Capital Partners, the seller, will retain a significant minority. Financial terms weren’t announced. Yardley, Pennsylvania-based StayWell is a health engagement company. Kirkland & Ellis LLP and Wells Fargo Securities advised Vestar. Covington & Burling LLP, Piper Jaffray & Co, and Accenture advised HSS.
11 July 2016•5 mins read
