trending Market Intelligence /marketintelligence/en/news-insights/trending/U99FYxhPZGz__BWYj3qEMA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Vestar-backed StayWell explores sale

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Report: Vestar-backed StayWell explores sale

Vestar Capital Partners LLC-backed employee healthcare services provider The Staywell Co. LLC has hired investment bank Piper Jaffray & Co. to help it evaluate a possible sale, Private Equity News reported, citing people with knowledge of the matter.

The company, which does business as StayWell, is projected to generate about $33 million of earnings and $127 million in revenue in 2019, the sources reportedly said.

Vestar kept a minority stake in Staywell after it sold a majority stake in the company to Merck & Co. Inc. subsidiary Healthcare Services & Solutions LLC in 2016.