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Sycamore Partners acquires Walgreens in takeover

PRIVATENov 10, 2025

Acquiring Company

Sycamore Partners Management L.P

Acquired Company

Walgreens

New YorkDeerfieldFinancial ServicesVenture Capitalventure capital & private equityBiotechnologyHealth CareE CommerceRetailInternet

Description

Walgreens has been acquired by private equity firm Sycamore Partners, marking its exit from public trading. The acquisition comes after a period of financial instability for Walgreens. With this transition to private ownership, the company aims to navigate its economic challenges more effectively. The deal signifies a new chapter for the longstanding pharmacy chain.

Quick answer

Sycamore Partners Management L.P is acquiring Walgreens, announced November 10, 2025. Sycamore Partners Management L.P is based in New York, New York, United States.

How much did Sycamore Partners Management L.P pay for Walgreens?
The deal value was not disclosed.
What does Sycamore Partners Management L.P do?
Sycamore Partners is a private equity firm specializing in retail and consumer investments.
Where are Sycamore Partners Management L.P and Walgreens based?
Sycamore Partners Management L.P is based in New York, New York, United States. Walgreens is based in Deerfield, Illinois, United States.
Who are the decision-makers at Sycamore Partners Management L.P?
Fundz holds 1 contact at Sycamore Partners Management L.P. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Sycamore Partners Management L.P

Location

New York, New York, United States

About

Sycamore Partners is a private equity firm specializing in retail and consumer investments. The firm partners with management teams to build leading brands and drive growth. It has a deep understanding of the retail sector and focuses on investing in consumer-oriented businesses.

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Frequently asked

Who acquired Walgreens?

Walgreens was acquired by Sycamore Partners Management L.P, based in New York. The deal was reported on November 10, 2025. Sycamore Partners is a private equity firm specializing in retail and consumer investments. The firm partners with management teams to build leading brands and drive growth. Sycamore Partners Management L.P is privately held and operates in Financial Services.

When did Sycamore Partners Management L.P acquire Walgreens?

Sycamore Partners Management L.P's acquisition of Walgreens was reported on November 10, 2025. Walgreens has been acquired by private equity firm Sycamore Partners, marking its exit from public trading. The acquisition comes after a period of financial instability for Walgreens. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Walgreens do?

Walgreens (www.walgreens.com) is included in the U.S. Retail Pharmacy Segment of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a global leader in retail pharmacy. It is privately held, operating in Biotechnology, and is based in Deerfield.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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