General Catalyst's Summa Health acquisition: State of play

Last updated Jan. 23, 2024

General Catalysts's plan to buy and convert the Akron, Ohio-based nonprofit health system Summa Health into a for-profit marks an unprecedented shift in the venture capital space.

Driving the news: The two companies are nailing down details with intent to finalize a definitive agreement in the next several months, barring regulatory hurdles.