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Fenwick Represents Devoted Health in $550M Series G Funding

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Fenwick represented Devoted Health, an integrated healthcare company, in its $550 million Series G funding as part of a $1.18 billion primary and secondary financing. The round was led by Advent, and co-led by Temasek, joined by: The Space Between, both independently and alongside Centricus; GIC; Franklin Templeton; Generation; VZVC; Emerson Collective; Premji Invest; and Andreessen Horowitz.

Devoted Health will use the funds to support continued rapid growth as the company works to bring its vision of healthcare to many more people. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partners Matt Rossiter and Thomas Kang and included associates James Clarkin-Breslin, Kaylee Johnson, and Zai Li; executive compensation partner Shawn Lampron; and tax partner Will Skinner.