Evernorth Health Services (“Evernorth”), a subsidiary of The Cigna Group (NYSE: CI), has announced a $3.5 billion investment in Shields Health Solutions (“Shields” or the “Company”), a leading specialty pharmacy management company. Evernorth’s investment coincides with Shields’ establishment as a private standalone company upon its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York. This follows Sycamore’s acquisition of Walgreens Boots Alliance (“WBA”), Shields’ previous owner, which closed on August 28, 2025. Shields helps hospitals and health systems develop and manage their own specialty pharmacies. Shields partners with more than 80 health systems comprised of more than 1,000 hospitals and clinics across nearly all 50 states.
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Source: https://www.prnewswire.com/news-releases/evernorth-health-services-announces-investment-in-shields-health-solutions-302543676.html