pharmaphorum November 22, 2021
In 2018, the takeover of Athenahealth by Veritas Capital and Elliott Management for $5.5 billion was the biggest digital health transaction of the year, but it could be dwarfed by their exit deal.
It’s being rumoured that two other private equity groups – Bain Capital and Hellman & Friedman LLC – are in the final stages of agreeing a $17 billion deal to take control of Athenahealth as part of an auction process, according to a report in the Wall Street Journal.
The company has been reported to be heading for either a sale or public listing for several weeks, with several buyers said to be interested in taking ownership.
Veritas and Elliott were reportedly seeking a deal worth around...