16 Dec 2025

Debevoise Advises TPG and OneOncology on Sale of TPG Equity Interest in OneOncology to Cencora at $7.4 Billion Enterprise Value

"Debevoise advised TPG and OneOncology on the sale of TPG’s equity interest in OneOncology to Cencora, a transaction that values OneOncology at an enterprise value of $7.4 billion."

Debevoise advised TPG and OneOncology in connection with the sale of TPG’s equity interest in OneOncology to Cencora. The transaction involves Cencora’s acquisition of TPG’s equity interest in OneOncology at an enterprise value of $7.4 billion. Debevoise represented TPG and OneOncology with a team composed by: M&A partners Spencer Gilbert and Erik Andrén; associates Robert Geren, Luke Glavin, Richard Hughes and Matthew Ryan; law clerk Jason Bach; tax partners Michael Bolotin and Stephen Jordan and counsel Samuel Krawiecz; employee benefits and executive compensation partner Jonathan Lewis, counsel Kathleen Emberger and law clerk Annie Zhou; and antitrust partner Tim Cornell and associate Adam Saunders.
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