Acquiring Company
Concentra Group Holdings Parent
Acquired Company
Cargo
AddisonBiotechnologyHealth CareMedicalBiotechnologyDescription
Concentra has announced the acquisition of Cargo for $4.38 per share. This move comes in the wake of Cargo's workforce layoffs due to a failed Phase II CAR-T trial. The acquisition aims to stabilize Cargo and leverage its resources for future growth.
Quick answer
Concentra Group Holdings Parent is acquiring Cargo, announced July 8, 2025. Concentra Group Holdings Parent is based in Addison, Texas, United States.
- How much did Concentra Group Holdings Parent pay for Cargo?
- The deal value was not disclosed.
- What does Concentra Group Holdings Parent do?
- Concentra Group Holdings Parent, Inc. is the nation’s largest provider of occupational health services, dedicated to delivering superior outcomes and exceptional experiences to patients and customers.
- Where are Concentra Group Holdings Parent and Cargo based?
- Concentra Group Holdings Parent is based in Addison, Texas, United States.
- Who are the decision-makers at Concentra Group Holdings Parent?
- Fundz holds 5 contacts at Concentra Group Holdings Parent. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- OSR Holdings to acquire Woori IO for healthcare innovation (July 24, 2025)
- Premier Radiology acquires MetisMD for growth (July 8, 2025)
- Quipt Home Medical acquires Ballad Health DME provider (July 7, 2025)
- Viemed acquires Lehan Medical Equipment for $28M, $28M (July 2, 2025)
Who to call at Concentra Group Holdings Parent, and when
When Concentra Group Holdings Parent changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Concentra Group Holdings Parent raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Concentra Group Holdings Parent, from your own LinkedIn network
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Frequently asked
Who acquired Cargo?
Cargo was acquired by Concentra Group Holdings Parent, based in Addison. The deal was reported on July 8, 2025. Concentra Group Holdings Parent, Inc. is the nation’s largest provider of occupational health services, dedicated to delivering superior outcomes and exceptional experiences to patients and customers. Concentra Group Holdings Parent is publicly traded (CON) and operates in Biotechnology.
When did Concentra Group Holdings Parent acquire Cargo?
Concentra Group Holdings Parent's acquisition of Cargo was reported on July 8, 2025. Concentra has announced the acquisition of Cargo for $4.38 per share. This move comes in the wake of Cargo's workforce layoffs due to a failed Phase II CAR-T trial. The acquisition aims to stabilize Cargo and leverage its resources for future growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cargo do?
Cargo is a biotech company that has faced significant challenges, including layoffs and failed trials. Despite recent struggles, it is a player in the biotechnology space known for developing innovative therapies. It is privately held, operating in Biotechnology.
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