Veritas Capital $1.05 billion acquisition of GE Healthcare IT unit

2/4/2018
Asset acquisition

$ 1.05 billion

Announced

2/4/2018


Overview:

  • Private equity firm Veritas Capital has acquired GE Healthcare's IT unit in a $1.05 billion deal. 
  • The unit consists of financial management, ambulatory care management and workforce management software groups. 
  • Morgan Stanley and Keval Health acted as financial advisers for GE, while Goldman Sachs and William Blair & Co advised Veritas. 
  • The transaction is expected to close in the third quarter of 2018. 

Kurt Stumpo - Journalist

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