OncoHealth, a digital health company dedicated to oncology, has received strategic investments from Arsenal Capital Partners (Arsenal), a private equity firm specialising in building transformational healthcare businesses, and from McKesson Corporation (McKesson).
The investments will support OncoHealth’s innovation and delivery of its oncology-specific digital health solutions for people with cancer, and Arsenal will take a majority ownership stake in the business.
Financial terms of the transaction were not disclosed.
Sidley Austin, LLP served as legal advisor and Evercore acted as financial advisor on behalf of Arsenal. Nelson Mullins Riley & Scarborough, LLP served as legal advisor to OncoHealth.