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Announced

Hellman & Friedman have agreed to acquire control of MultiPlan from Starr Investment Holdings, and Partners Group.

Synopsis

Hellman & Friedman, a private equity company have agreed to acquire control of MultiPlan, the industry’s most comprehensive provider of healthcare cost management solutions from Starr Investment Holdings, and Partners Group. Financial terms were not disclosed. “As a technology-powered, data-driven, cost management company, MultiPlan is firmly committed to reducing the costs of medical claims. We are equally vigilant in ensuring claims payment integrity for our clients, with a focus on identifying possible clinical waste and abuse. We are pleased to be partnering with Hellman & Friedman, an experienced investor in both healthcare and technology, and look forward to our next chapter with them.” Mark Tabak, MultiPlan Chief Executive Officer.

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