{"id":95762,"date":"2026-09-11T06:07:12","date_gmt":"2026-09-11T10:07:12","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/l-catterton-and-altas-agreed-to-take-a-majority-stake-in-fullscript.html"},"modified":"2026-09-11T06:07:12","modified_gmt":"2026-09-11T10:07:12","slug":"l-catterton-and-altas-agreed-to-take-a-majority-stake-in-fullscript","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/l-catterton-and-altas-agreed-to-take-a-majority-stake-in-fullscript.html","title":{"rendered":"L Catterton and Altas Agreed to Take a Majority Stake in Fullscript:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-11-fullscript-hero.jpg\" alt=\"L Catterton and Altas Agreed to Take a Majority Stake in Fullscript:\" \/><\/p>\n<p>HedgeCo.Net \u2014 Fullscript announced on September 10 that L Catterton and Altas Partners agreed to acquire a majority stake from HGGC and Snapdragon Capital Partners. Terms were not disclosed, and the parties pointed to an expected close in the fourth quarter subject to regulatory approvals. Fullscript, founded in 2011, said it supports more than 135,000 healthcare practitioners and about 10 million patients annually across North America on a platform spanning supplements, labs, wearables, and adherence. Business Wire reprints and FinSMEs independently printed the same majority-stake, undisclosed-terms, and Q4 close framing.<\/p>\n<p>Advisor coverage named Centerview for Fullscript; Evercore, Morgan Stanley, and RBC alongside McDermott and Kirkland for the buyers; and Jefferies and William Blair for the sellers. Context figures put Altas above $10 billion AUM and L Catterton at roughly $40 billion of equity capital.<\/p>\n<p>This is an announced majority recap \/ sponsor-to-sponsor deal, not a disclosed purchase price. Treat the HGGC\u2013Snapdragon exit, L Catterton\u2013Altas majority, practitioner and patient counts, and Q4 regulatory close path as announced. Do not invent a dollar value or recycle older round sizes as this transaction\u2019s price. The allocator object is PE healthtech platform ownership transitioning to consumer\/healthcare-focused sponsors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 Fullscript announced on September 10 that L Catterton and Altas Partners agreed to acquire a majority stake from HGGC and Snapdragon Capital Partners. Terms were not \u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/09\/2026\/l-catterton-and-altas-agreed-to-take-a-majority-stake-in-fullscript.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95761,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[19418,19419,19420,19343,19421],"class_list":["post-95762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-altas-partners","tag-fullscript","tag-hggc","tag-l-catterton","tag-snapdragon"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95762"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95761"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}