- Private-equity firms BC Partners and Silver Lake are close to agreeing to sell MultiPlan, a provider of services that help big health insurers manage the claims process, for $4.4B, the WSJ reports.
- The buyer is a consortium led by Starr Investment Holdings, an affiliate of C.V. Starr & Co., which is part of an insurance and investments group led by former AIG chief Maurice "Hank" Greenberg.
- Starr's co-investor is Swiss investment firm Partners Group.
- The deal would represent a nice return for BC and Silver Lake after they bought MultiPlan for $3.1B in 2010.
WSJ: Healthcare services firm MultiPlan close to being sold for $4.4B
Feb 17 2014, 03:03 ET