News Brief

Healthcare IT company MultiPlan has been sold to Starr Investment Holdings — an investment group of former AIG head Hank Greenberg — by Silver Lake and BC Partners for $4.4 billion, according to sources. The pair bought the company for about $3 billion in mid-2010. MultiPlan, which was founded in 1980, provides transaction solutions in the healthcare arena. BC Partners and Silver Lake are currently also co-invested in Intelsat.

Bill Herbert
Bill Herbert

Wow . So now you're covering an insurance firm (!) soon to-be-run by the likes of Hank Greenberg?

That's a real stretch to call this an IT play. It will probably look more like a lamprey given a few years under his watch.


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