Hellman & Friedman to buy MultiPlan
Hellman & Friedman has agreed to buy MultiPlan Inc. Financial terms weren’t announced although press reports pegged the deal at $7.5 billion. GIC, Singapore's Sovereign Wealth Fund, and Leonard Green & Partners are also investing in the deal. Starr Investment Holdings LLC and Partners Group, the sellers, will retain a minority. New York-based MultiPlan is a healthcare services provider. Barclays, Goldman, Sachs & Co. and Simpson Thacher & Bartlett are advising Hellman & Friedman. J.P. Morgan Securities LLC and Kirkland & Ellis LLP are advising MultiPlan and the seller.
6 May 2016•4 mins read
