Simpson Thacher Represents MultiPlan in Sale to Starr Investment Holdings and Partners Group
02.18.14
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The Firm is representing MultiPlan, Inc. (“MultiPlan”), a portfolio company of BC Partners and Silver Lake, in connection with its sale to a group led by Starr Investment Holdings and Partners Group. The transaction is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
Founded in 1980, MultiPlan delivers comprehensive transaction-based solutions to healthcare payers. With a network of over 900,000 healthcare providers and extensive proprietary analytics, MultiPlan generates over $11 billion in medical cost savings on about 40 million claims annually.
The Simpson Thacher team working on the transaction includes: Bill Dougherty, Ravi Agarwal, Ariel Oxman and Shelly Lin (M&A); Gary Mandel and Andrew Purcell (Tax); Greg Grogan and Patricia Adams (Executive Compensation and Employee Benefits); Ken Wallach, Jen Hobbs and Brian Rosenzweig (Financing); and Joe Tringali and Michael Naughton (Antitrust).