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New Deal


Announced

TPG Capital to acquire ClaimsXten from UnitedHealth-backed Change Healthcare for $2.2bn.

Financials

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Transaction Value£1,725m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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claims solutions

Acquisition

Private Equity

Friendly

United States

Private

Single Bidder

Majority

Domestic

Pending

Health Care Services

Synopsis

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TPG Capital, a private equity firm, agreed to acquire ClaimsXten, a claims editing business of UnitedHealth-backed Change Healthcare, a healthcare technology provider, for $2.2bn. The company believes that its merger with UnitedHealth Group will advance its ability to create products and services that improve the delivery of health care and reduce the high costs and inefficiencies of the health system, which the Company will share broadly with patients, providers, and payers.

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