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Outcome Health, accused of fraud by its investors, sells majority stake of its business

May 09, 2019 - Chicago Business Journal
Investments

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...