General Atlantic Takes Majority Stake in OneOncology
By Melanie Evans Sept. 12, 2018
Private-equity firm General Atlantic has agreed to invest $200 million in a startup that aims to manage independent cancer-treatment clinics, the latest sign investors see opportunity in the health-services sector.
The investment makes General Atlantic the majority owner of OneOncology, a startup that launched this month. Its founders, three cancer-treatment practices in Tennessee and New York, are the other owners and its first customers.
For the complete Wall Street Journal article, click here.