TPG (NASDAQ: TPG), San Francisco, Calif., and AmerisourceBergen (NYSE: ABC), Conshohocken, Pa., a pharmaceutical solutions distributor, have acquired OneOncology from General Atlantic.
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OneOncology, headquartered in Nashville, Tenn., is a network of oncology practices. TPG has acquired the majority interest in OneOncology, AmerisourceBergen acquired a minority interest, and OneOncology’s affiliated practices, physicians and management team will retain a minority interest.
“OneOncology’s physician leadership and partnership model provides access to the latest clinical pathways, research and technology to deliver personalized care with market-leading patient outcomes and experiences,” said Kendall Garrison, Partner at TPG. “The company is enabling high-quality and efficient cancer care by empowering leading practices and physicians to remain independent while providing benefits of scale that create value for the entire healthcare ecosystem.”