CDPQ, PSP join Blackstone's $6.1 bln acquisition of Team Health
Knoxville, Tennessee physician services organization Team Health Holdings Inc has closed its take-private acquisition deal with U.S. private equity firm Blackstone Group. Announced last October at a value of about US$6.1 billion, the deal included investments by Canadian pension funds Caisse de dépôt et placement du Québec (CDPQ) and Public Sector Pension Investment Board (PSP Investments). Established in 1979, Team Health provides outsourcing services, including emergency medicine, anesthesiology and ambulatory care, to hospitals and physician groups in the United States.
6 February 2017•5 mins read
