Gov. Rick Scott has reached a deal to sell his family’s stake in the Solantic urgent care clinic chain.
Officials in the governor’s office confirmed that Scott would sell off his interest to New York investment firm Welsh, Carson, Anderson & Stowe, which had been a minority shareholder in the private company.
Terms of the sale of Scott’s share weren’t disclosed in detail, but the Palm Beach Post reported the sale price was under $60 million.
Scott’s interest in the company was valued at $62 million in his financial disclosure last year.
The St. Petersburg Times, which first reported the sale, said the deal would close April 29.
Scott had faced conflict of interest questions about his interest in Solantic, which has done business in the past with the state, though the governor has repeatedly said that the firm, while under his control, wouldn’t accept any contracts from state government.
Scott said last week he’d been trying to sell his interest in Solantic, which he’d earlier transferred to a trust in his wife’s name, since being elected in November.
