PE firm mulling sale of TriZetto

|By:, SA News Editor

Private equity firm Apax Partners LLP is exploring the sale of healthcare IT company TriZetto Corp. Sources familiar with the matter say the price could be as high as $3B including debt.

TriZetto's EBITDA for its most recent 12-month period was $190M. It provides information technology solutions to the healthcare industry.

Apax took TriZetto private in 2008 for $1.4B.

Potential buyers include Cognizant Technology Solutions (CTSH +2%).