Carlyle in talks to buy healthcare technology firm Cotiviti for $15 bn

Carlyle Group is in talks to buy private healthcare technology firm Cotiviti from Veritas Capital for up to $15 billion, including debt, Reuters news report said.
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The private equity firm is looking to partner with another investment firm to pull off the deal, and is also in talks with direct lenders to arrange $5.5 billion of debt financing.

Atlanta-based Cotiviti provides payment accuracy and analytics services to health insurers and other healthcare companies.

Cotiviti, which went public in 2016, was acquired by Veritas in 2018 in a take-private deal valued at $4.9 billion, as the PE firm looked to expand its Verscend healthcare IT business.

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.

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