Outcome Health, accused of fraud by its investors, sells majority stake of its business
Outcome Health, the once-promising Chicago startup that was accused of fraud by its investors, has sold a majority stake of its business to a private equity firm.
Outcome announced Thursday that middle-market private equity firm Littlejohn is acquiring a majority stake in the company. The investment will be used to "fund its long-term strategic plan," and it "positions Outcome Health for continued leadership and growth in point of care," according to a news release.
Terms of the dea...