Prospect Medical Holdings, after buying back Leonard Green & Partners’ stake this summer, is seeking suitors for its West and East Coast assets, Axios reports.
The assets come to market when buyers are eager to invest behind the health-care industry’s transition to value- or risk-based care and some of these assets could provide an opportunity to do just that.
Guggenheim Partners is selling Prospect’s West Coast assets, while Morgan Stanley’s tax-exempt finance group is selling its East Coast assets, sources said. Read more.
