GE to Sell Health-Care Technology Unit to Veritas Capital for $1.05 Billion

April 03, 2018

Chicago – Paul Hastings LLP, a leading global law firm, announced today that the firm advised General Electric on the proposed $1.05 billion all-cash sale of the company’s revenue-cycle, ambulatory care and workforce management software unit to private equity firm Veritas Capital. The transaction is expected to close later in 2018, and is subject to customary regulatory approvals and other closing conditions.

The Paul Hastings team was led by Corporate partners Thad Malik and Rich Radnay, and also included associates Ashley Gullett, Kelly Padgett, and Dan Miles.

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