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CVS to sell bswift benefits specialist to private equity firm

Posted On: Oct. 4, 2022 10:11 AM CST

Francisco Partners, an investment firm, signed a definitive agreement to acquire bswift from CVS Health Corp., reports Fierce Healthcare. As a part of CVS Health since 2018, bswift expanded its capabilities as a provider of software and services that streamline benefits and human resources administration. Bswift will continue to partner with CVS Health and its subsidiary Aetna Inc. by sharing benefits product with its employees and clients.