Kirkland Guides Starr To Landmark MultiPlan Buy

Law360, New York (February 18, 2014, 1:44 PM EST) -- Long-term investment fund Starr Investment Holdings LLC said Monday it has agreed to purchase health care payments processor MultiPlan Inc. from Silver Lake Partners LP and private equity giant BC Partners Ltd.

MultiPlan, founded in 1980, is a health care cost management services company with a network of more than 900,000 health care providers, Starr Investment said. The company owns a proprietary analytics platform and processes about 40 million claims annually. Terms of the deal were not disclosed but the AP reported the deal is valued...
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