Fierce Healthcare September 24, 2021
Three years after acquiring Athenahealth in a private equity takeover, Veritas Capital and Elliott Investment Management are exploring options for the health tech company including a sale or initial public offering, Bloomberg reported.
Veritas and Elliott are aiming for the health information technology company to be valued at more than $20 billion in a transaction, Bloomberg’s Michelle F. Davis and Scott Deveau reported Thursday, citing people familiar with the matter who asked to not be identified because the matter isn’t public.
The firms are working with Goldman Sachs Group and Evercore to help explore options for the company, the people said. The bankers have reached out to about a half-dozen potential buyers to gauge their interest, according to Bloomberg.
The two firms...