Carlyle Group is investing up to $350m in healthcare provider One Medical through a primary and secondary share deal.
Private equity firm Carlyle Group agreed yesterday to invest up to $350m in 1Life Healthcare, the US-based owner of care provider One Medical that counts internet technology group Alphabet as an investor.
Carlyle provided $220m in direct funding for the company and is buying $130m of shares in a secondary transaction, making the investment through its Carlyle Partners VII fund, though it told Forbes the secondary portion has not yet closed.
One Medical runs a subscription-based primary care service that…
