Schulte Advises Veritas Capital and Its Affiliates in Acquisition of GE Healthcare Unit

Schulte represented Veritas Capital and its affiliates in their acquisition of GE Healthcare’s enterprise financial management, ambulatory care management and workforce management assets comprising its value-based care division for $1.05 billion in cash. Veritas is a leading private equity firm that has made the healthcare technology space a key area of focus. Harnessing data and analytics across hardware, software and biotech, GE Healthcare is the $19 billion healthcare business of GE. The transaction was announced on April 2, 2018 and closed on July 11, 2018.