Hellman & Friedman

History

2021

Purchase of Ahenahealth Medical Software Developer

At the end of November 2021, it became known about the sale of a developer ON for health care Athenahealth to investment companies. The deal amounted to $17 billion. Athenahealth is buying venture capital firms Bain Capital and Hellman & Friedman from investment giants Veritas Capital and Evergreen Coast Capital. By the end of November 2021, Athenahealth is partnering with more than 140,000 outpatient care providers in all 50 states USA and on more than 120 specialties to accelerate the pace of health innovation and support existing clinical and financial outcomes. More. here

Purchase of medical equipment manufacturer Medline Industries

In early June 2021, a group of private investment companies entered into a deal to acquire Medline Industries for more than $30 billion. This is one of the largest purchases of companies involving credit and the sale of assets to cover debts since the financial crisis. More details here.

Purchase of Cordis vascular disease equipment business for $1 billion

In mid-March 2021, Cardinal Health sold a division of Cordis specializing in the production of equipment for the treatment of vascular diseases. A deal worth $1 billion was concluded with the investment company Hellman & Friedman. Closing of the transaction is expected in the second half of 2021. More details here.

2020: Kronos and Ultimate Software Merger

On February 20, 2020, Kronos and Ultimate Software, among the leaders in the HR software market, announced a merger. As a result of the transaction, which is planned to be closed before the end of March, a company worth about $22 billion will be created (taking into account debts). More details here.

2019: Purchase of Ultimate Software for $11 billion

On February 4, 2018, the sale of Ultimate Software to a group of investors led by Hellman & Friedman and Blackstone Group was announced. More details here.