TripleTree acted as strategic and financial advisor to Humana as the company partnered with TPG Capital (TPG) and Welsh, Carson, Anderson & Stowe (WCAS) to acquire Kindred Healthcare. Kindred Healthcare will be operated as a separate specialty hospital company owned by TPG and WCAS. Kindred at Home will be operated as a standalone company owned 40 percent by Humana, with the remaining 60 percent owned by TPG and WCAS. Humana will have a right to buy the remaining ownership interest in Kindred at Home over time through a put/call arrangement.
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