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General Atlantic, Nautic Partners And The Vistria Group Announce Strategic Acquisition Of Pantherx Rare From Centene Corporation

PRIVATEMay 05, 2022

Acquiring Company

General Atlantic

Acquired Company

PANTHERx Rare

New YorkChicagoPittsburghContent And PublishingMedia And EntertainmentVideoSaaSPodcastFinancial ServicesMobileAngel Investment

Description

A leading investor consortium consisting of Nautic Partners, The Vistria Group and General Atlantic today announced it has signed a definitive agreement to acquire PANTHERx Rare ("PANTHERx" or "The Company") from Centene Corporation (NYSE: CNC). The new partnership will focus on accelerating PANTHERx Rare's continued growth as a premier and trusted pharmacy care delivery model for patients living with rare and orphan diseases.

Quick answer

General Atlantic and The Vistria Group are acquiring PANTHERx Rare, announced May 5, 2022. General Atlantic is based in New York, New York, United States.

How much did General Atlantic pay for PANTHERx Rare?
The deal value was not disclosed.
What does General Atlantic do?
General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history.
Where are General Atlantic and PANTHERx Rare based?
General Atlantic is based in New York, New York, United States. PANTHERx Rare is based in Pittsburgh, Pennsylvania, United States.
Who are the decision-makers at General Atlantic?
Fundz holds 3 contacts at General Atlantic. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

General Atlantic

Location

New York, New York, United States

About

General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic currently has over $84 billion in assets under management inclusive of all products as of December 31, 2021, and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore, and Stamford. For more information on General Atlantic, please visit: www.generalatlantic.com.

Company

The Vistria Group

Location

Chicago, Illinois, United States

About

The Vistria Group is building a new kind of private investment firm that seeks to deliver both financial returns and societal impact. It invests in essential industries like healthcare, knowledge and learning, and financial services that deliver value for investors as well as communities, employees, and consumers. The Vistria Group works as a true partner with its portfolio companies, drawing on its deep sector knowledge, operational expertise, unique network, diverse team, and impact orientation to achieve transformational growth.

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Frequently asked

Who acquired PANTHERx Rare?

PANTHERx Rare was acquired by General Atlantic, based in New York. The deal was reported on May 5, 2022. General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history. General Atlantic is privately held and operates in Content And Publishing.

When did General Atlantic acquire PANTHERx Rare?

General Atlantic's acquisition of PANTHERx Rare was reported on May 5, 2022. A leading investor consortium consisting of Nautic Partners, The Vistria Group and General Atlantic today announced it has signed a definitive agreement to acquire PANTHERx Rare ("PANTHERx" or "The Company") from Centene Corporation (NYSE: CNC). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PANTHERx Rare do?

PANTHERx Rare is one of the largest and fastest growing rare pharmacies in the United States. PANTHERx transforms lives by delivering medicine breakthroughs, clinical excellence, and access solutions to people living with rare and devastating conditions. It is privately held, and is based in Pittsburgh.

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