HARTFORD, CT, Aug. 28, 2025 – CareCentrix, a leading home-centered care company that coordinates care for health plans, patients, and providers, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York.
Sycamore is acquiring the business in partnership with Stefano Pessina and his family, who have reinvested 100% of their interests in CareCentrix, demonstrating their ongoing support and confidence in the company’s future.
This announcement coincides with Sycamore’s acquisition of Walgreens Boots Alliance, Inc. (“WBA”), CareCentrix’s previous owner, which closed today. The separation of CareCentrix into a private standalone company is a return to its ownership structure prior to WBA’s acquisition of the business in 2022. CareCentrix will continue to be led by Steve Horowitz as Chief Executive Officer and the rest of its existing management team.
“This is an exciting moment for CareCentrix and our team,” said Steve Horowitz, CareCentrix’s Chief Executive Officer. “Together with Sycamore, we remain committed to advancing our mission to deliver high quality whole-person care, drive better outcomes, and create a world where anyone can heal, age, and thrive at home.”
“We are pleased to announce that CareCentrix is once again an independent company,” said Stefan Kaluzny, Managing Director of Sycamore Partners. “We look forward to partnering with the CareCentrix team as they continue to provide exceptional home-centered care serving communities and partners.
“Our family has deep appreciation for CareCentrix and the impact they have on patients,” said Stefano Pessina. “We are proud to support CareCentrix in its mission to empower health at home by delivering coordinated, timely, and compassionate care.”
About CareCentrix
CareCentrix provides in-home care solutions to payors and employers to help their members and employees receive the right home care at the right time. CareCentrix coordinates complex home care needs for over 16 million members through a national network of credentialed providers, simplifying the experience by creating easier pathways and access to care. As an innovator in home health for nearly 30 years, our whole-person approach improves continuity of care, reduces unnecessary readmissions, and delivers positive financial results for clients and better outcomes for members and employees. With proprietary HomeFirst Analytics, CareCentrix stratifies risk, optimizes care delivery, and manages the complexities of home care coordination, providing essential insights and guaranteed financial savings. For more information, please visit www.carecentrix.com.
About Sycamore Partners
Sycamore Partners is a private equity firm based in New York. The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business. With approximately $11 billion in aggregate committed capital raised since its inception in 2011, Sycamore Partners’ investors include leading endowments, financial institutions, family offices, pension plans and sovereign wealth funds. For more information on Sycamore Partners, visit www.sycamorepartners.com.
Contact
CareCentrix Contact
Suzanne Bedell
mediainquiries@carecentrix.com
Sycamore Contacts
Michael Freitag, Zach Genirs, Abigail South
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
media@sycamorepartners.com