Bain Capital and Parthenon Capital are in talks to sell a minority stake in Zelis in a transaction that could value the health-care technology company at about $17 billion, people with knowledge of the matter said. The private equity firms are considering selling a 20% to 25% stake in Zelis, according to the people. Zelis has received preliminary interest from health-insurers, a payments company, buyout firms and sovereign wealth funds, they said. Bain and Parthenon have been weighing a range of options for Zelis, including an outright sale, initial public offering or bringing in new investors in a private transaction, Bloomberg News reported in January.
Read the full article: Zelis Owners in Talks to Sell Stake at $17B Value //
Source: https://finance.yahoo.com/news/zelis-owners-talks-sell-stake-204402474.html