Some of the biggest buyout groups such as Advent International, Blackstone and Carlyle are competing to acquire a majority stake in Texas-headquartered healthcare BPO Access Healthcare, said people aware of the development. Hillhouse Investment, which narrowly missed out to EQT on a similar US-centric firm GeBBS in September, is also making a strong bid. These firms will submit non-binding offers by mid-December for a 60-70% stake, valuing the company at $1.4-1.5 billion.
Read the full article: PEs Seek Access to Majority Stake in US Healthcare BPO //
Source: https://economictimes.indiatimes.com/news/international/business/pes-seek-access-to-majority-stake-in-us-healthcare-bpo/articleshow/115910387.cms
