Simpson Thacher is representing Blackstone and its portfolio company HealthEdge in connection with the announced acquisition of HealthEdge by Bain Capital. Financial terms of the transaction were not disclosed. The transaction is expected to close during the second quarter of 2025, subject to customary closing conditions.
HealthEdge is a next-generation SaaS platform which connects health plans, providers and patients with a suite of end-to-end digital technology solutions to support new business models, reduce administrative costs and improve overall health outcomes.
The Simpson Thacher team includes Elizabeth Cooper, William Allen, Julia Tory, Ellen Gao and Michael Lazris (M&A); Brian Gluck, Adam Moss and Callie Robins (Credit); Gregory Grogan, Caitlin Lucey, and Daniella Villatoro (Executive Compensation and Employee Benefits); Caroline Geiger and Kate Mirino (Intellectual Property); Vanessa Burrows and Jacob Madden (Healthcare); Sophie Staples, Edward Grais and Roberto Arza (Tax); and Krista McManus (Real Estate).