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 Schulte team advising Veritas is led by M&A and securities partner Richard Presutti and M&A and securities associates Matthew Gruenberg and Evelyn Liristis. The team also includes tax partner Kurt Rosell and associate Philip Cooke; employment & employee benefits partner Ian Levin and special counsel Stephen Brecher; finance partner Ronald Risdon; environmental partner Howard Epstein; and intellectual property, sourcing & technology partner Robert Kiesel and special counsel John Garces.