New Mountain Capital failed to acquire R1 RCM for $5.8bn.

New Mountain Capital, an alternative investment manager with private equity, credit and net lease strategies, failed to acquire R1 RCM, an American revenue cycle management company, for $5.8bn. R1 RCM agreed to a competing offer from TowerBrook Capital Partners and Clayton, Dubilier and Rice, with New Mountain Capital selling its stake in the company.