Hellman & Friedman and Bain Capital completed the acquisition of athenahealth from Veritas Capital and Evergreen Coast Capital for $17bn.

Private equity firms Hellman & Friedman and Bain Capital completed the acquisition of athenahealth, a provider of cloud-based enterprise software solutions for medical groups and health systems nationwide, from Veritas Capital and Evergreen Coast Capital, two investment firms, for $17bn. GIC and ADIA also participated as bidders. "Today marks a significant milestone for athenahealth and our partnership with Veritas Capital and Evergreen Coast Capital, and we are thrilled to work with Hellman & Friedman and Bain Capital to drive the next phase of our growth journey. Our employees, customers, and partners are the source of our success and inspiration as we create a thriving ecosystem that delivers accessible, high-quality, and sustainable healthcare for all," Bob Segert, athenahealth Chairman and CEO.