SALVEPAR Salvepar announces that an agreement for the sale of MultiPlan has been signed with Hellman & Friedman.
Founded in 1980, MultiPlan operates in the USA and provides healthcare payers complete solutions of money saving over healthcare costs' reimbursements. Thanks to its 900,000 heathcare providers under contract and to its internal intelligence analysis capacities, MultiPlan generates over $13 bn medical costs savings for about 40 millions of requests per year.
Salvepar invested $20 m in the transaction alongside Starr Investment Holdings in March 2014.
Salvepar does not plan to reinvest in the new transaction. Salvepar will announce as soon as possible the closing of the transaction and its impact on the Company's result.
About Salvepar:
Salvepar, which is majority owned by the Tikehau Group, is an investment holding company listed on the Euronext Paris stock exchange (Compartment B). Salvepar pursues an active policy of minority investments in listed and non-listed companies, seeking sectorial and geographical diversification (in France and abroad).
www.salvepar.fr
Press contacts :Salvepar : +33 1 40 06 26 26 Image 7 : + 33 1 53 70 74 70
Geoffroy Renard -communication@salvepar.fr Grégoire Lucas - glucas@image7.fr
Leslie Jung-Isenwater - ljung@image7.uk.com
SALVEPAR SA published this content on 06 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 May 2016 14:02:02 UTC.
Original documenthttp://www.salvepar.fr/resources/pages/pr--salvepar-multiplan_1.pdf
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