Feb 14, 2024 · Cotiviti has entered into a definitive agreement to recapitalize the business with affiliates of its long-standing partner Veritas Capital, a leading investor at the intersection of technology and government, and investment funds managed by KKR, a …

Feb 14, 2024 · Under the agreement, KKR and Veritas will become co-sponsors with equal ownership stakes in Cotiviti. The firms will also allocate significant capital to accelerate innovation and fund growth investments related to commercial expansion, new product development, and technology-related opportunities.

May 2, 2024 · SALT LAKE CITY– (BUSINESS WIRE)–Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR.

Feb 14, 2024 · Private equity firm KKR & Co has agreed to acquire a stake in Cotiviti from investment manager Veritas Capital, the healthcare technology firm said on Wednesday.

May 2, 2024 · SALT LAKE CITY -- (BUSINESS WIRE)-- Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms,...

Feb 15, 2024 · Veritas Capital, Cotiviti’s long-standing partner, and KKR will now be co-sponsors and have equal ownership stakes in the health technology business. The deal is due to be finalised in the second quarter of this year subject to receiving regulatory approvals.

SALT LAKE CITY, May 2, 2024 — Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates...

Feb 14, 2024 · Kirkland & Ellis advised investment firm KKR on its investment in healthcare data and technology company Cotiviti. The transaction was announced February 14, 2024. KKR will hold an equal ownership in Cotiviti with affiliates of its …

Cotiviti, a leading healthcare data analytics and technology business, recently marked the launch of Prosperiti, its broad-based shared ownership program. Cotiviti joined KKR’s portfolio in 2024 following the close of a recapitalization with Cotiviti’s long-standing investor, Veritas Capital.

Feb 14, 2024 · Cotiviti has scheduled a lender call for 3 p.m. ET on Feb. 14 to launch a $5 billion, seven-year first-lien term loan facility that includes a $4.4 billion floating-rate term loan and a $600 million fixed-rate term loan, according to sources.