Fred Hutchinson Cancer, Seattle Cancer Care, Seattle Children’s UW Medicine formed Fred Hutchinson Cancer Ctr

Overview

Deal Type Mergers & Acquisitions
Client & Transactional Partners Fred Hutchinson Cancer Research Center
Seattle Cancer Care Alliance | Seattle Children’s
UW Medicine
Our Role Financial Advisor

Summary

James Moloney | Carsten Beith | Ted Kaehler Casey Wade

Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance, Seattle Children’s and UW Medicine have completed the restructure of their longstanding oncology collaboration, which includes the formation of the Fred Hutchinson Cancer Center, an independent 501(c)3 organization. The transaction closed April 1, 2022.

Cain Brothers served as the exclusive financial advisor to FHCRC. FHCRC and SCCA have merged to form FHCC, a fully integrated research and cancer care delivery center. FHCC and UW Medicine have formed a clinically integrated program with a shared financial alignment in the clinically integrated adult oncology programs.

Founded in 1975, Fred Hutchinson Cancer Research Center is a world-renowned cancer research institution, home to the nation’s first National Cancer Institute-funded cancer prevention research program. The merged organization, Fred Hutchinson Cancer Center, is a fully integrated research and cancer care center that will be clinically integrated with and will manage the UW Medicine cancer program. The newly formed Fred Hutchinson Cancer Center is one of the nation’s leading centers of research, diagnosis, patient care and prevention of cancer and other diseases. Integrating research and care will accelerate the translation of bench research to innovations in early diagnosis, new treatments and patient care.

Seattle Cancer Care Alliance is a unique coordinated oncology clinical and research effort between Fred Hutch, Seattle Children’s and UW Medicine. SCCA is the only National Cancer Institute-designated cancer center in the state of Washington and includes an advanced Proton Therapy Center in Seattle as well as nine clinical care sites and hematology/medical oncology infusion sites in the Greater Seattle, Bellevue, and Kirkland area.

UW Medicine is the second in the nation in National Institutes of Health research grants and is one of the top-rated clinical, research, and learning academic medical centers in the United States. UW Medicine has nearly 29,000 healthcare providers, researchers, and faculty across UW Medical Center, Harborview Medical Center, and Airlift Northwest in the Seattle Region.

Cain Brothers

Recent Deals

June 2022


Series D Funding

led by

Morgan Stanley Expansion Capital

$140 Million

Exclusive Financial Advisor

Mergers & Acquisitions

platform-sh
June 2022

the parent company of

AEP Transmission Company, LLC

$550 Million

Senior Notes

Joint Bookrunner

Debt Capital Markets

aep-transmission-company,-llc
May 2022

 

a portfolio company of

has been acquired by

 

Exclusive Sell-Side Advisor

Mergers & Acquisitions

thermogenics-inc-
May 2022

 

Tiburon Place

$53 Million

4% bond LIHTC and State Housing Equity

Construction

tiburon-place
May 2022

 

$500 Million

Senior Secured Credit Facility

Joint Bookrunner
Joint Lead Arranger

Debt Capital Markets

delaware-basin-resources-llc
May 2022

 

Cheshire Station

 

$17.6 Million

Acquisition

Lender

CMBS

cheshire-station
May 2022

ACG Portfolio-Oakland Glen MHC

ACG Portfolio-Clayton Acres MHC

$59.5 Million

Refinance

Lender

Fannie Mae

acg-portfolio
May 2022

 

Stonetown - North Pines

Stonetown - Country Meadows

$82 Million

Acquisition

Lender

Fannie Mae

stonetown-trinity-portfolio
May 2022

Sawgrass Point

$28.5 Million

Refinance

Lender

Fannie Mae

sawgrass-point
May 2022

 

Floorplan Inventory Financing and Commercial Real Estate Lending

Lender

Mergers & Acquisitions

great-falls-subaru
May 2022

a portfolio company of

has acquired

 

$545 Million

Senior Secured Credit Facilities

Administrative Agent
Joint Bookrunner
Left Lead Arranger

Debt Capital Markets

congruex-group-llc
May 2022

 

$2.55 Billion

Senior Secured Credit Facilities

Co-Documentation Agent
Joint Lead Arranger

Debt Capital Markets

penn-national-gaming,-inc-
May 2022

 

$95 Million

Senior Secured Credit Facilities

Administrative Agent
Joint Lead Arranger
Sole Bookrunner

Debt Capital Markets

doyon-limited
April 2022

 

Rego Park II

$11 Million

Refinance

Lender

CMBS

rego-park-ii
April 2022

Festus Gardens

$9.7 Million

Acquisition

Lender

FHA

festus-gardens
April 2022

Aspgren Park

$54 Million

Construction Loan

Lender

Construction

aspgren-park
April 2022

a portfolio company of

has acquired

 

$2.77 Billion

Senior Secured Credit Facilities

Joint Bookrunner
Joint Lead Arranger

Debt Capital Markets

prince-international-corporation
April 2022

 

Canal 1535

$45 Million

Acquisition

Lender

Fannie Mae

canal-1535
April 2022

Plaza Palmera

$22 Million

Acquisition

Lender

Life Company

plaza-palmera
April 2022

 

$2 Billion

Senior Secured Credit Facility

Co-Syndication Agent
Joint Bookrunner
Joint Lead Arranger

Debt Capital Markets

pennenergy-resources,-llc

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