Cotiviti (“the Company”), a leading healthcare data and technology business, announces that the Company has entered into a definitive agreement to recapitalize the business with affiliates of its long-standing partner Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, and investment funds managed by KKR, a leading global investment firm. 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.
Read the full article: Cotiviti Announces Recapitalization with KKR and Long-Standing Owner Veritas //
Source: https://www.cotiviti.com/press-release/cotiviti-announces-recapitalization-with-kkr-and-long-standing-owner-veritas