Walgreens goes private, splits into 5 companies: 8 things to know

Walgreens goes private, splits into 5 companies: 8 things to know
Becker's Hospital Review; Alan Condon; 8/29/25
Walgreens Boots Alliance has officially gone private following its acquisition by New York City-based private equity firm Sycamore Partners, the companies announced Aug. 29... Walgreens Boots Alliance will now operate as five standalone companies: Walgreens, The Boots Group, Shields Health Solutions, CareCentrix and VillageMD. Each will continue to function independently, with Sycamore aiming to preserve their existing brands and customer relationships.