Every Spin-Off
Wellverse
AnnouncedMcKesson's Medical-Surgical Solutions business (distribution to alternate sites of care), renamed Wellverse; about 17% of adjusted operating profit in fiscal 2025.
- Status
- Announced
- Expected
- H2 2027 (IPO first)
- Parent
- McKesson (MCK)
- Spin-off ticker
- To be announced
- Market
- United States
Terms
An IPO is expected in the second half of calendar 2027; after a lock-up McKesson plans to exit the rest through a spin-off, split-off or both. Apollo bought about 13% for $1.25bn on 1 Jun 2026.
Key dates
- Intent announced
- Apollo buys ~13%
- Wellverse name announced
- Expected IPO
Source documents
- Press releaseAnnouncement with FY2025 results
- PresentationMcKesson Q1 FY27 earnings presentation (covers the separation)
- Form 10 / prospectusNot yet public
Every Spin-Off research
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