GIC Invests in MultiPlan
Ropes & Gray advised GIC, Singapore’s sovereign wealth fund, in connection with its investment in MultiPlan, Inc. GIC is investing alongside Hellman & Friedman with respect to the acquisition of MultiPlan from Starr Investment Holdings, LLC and Partners Group.
MultiPlan is the industry’s most comprehensive provider of technology-enabled healthcare cost management solutions. The company provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse and fraud before payments are made.
The Ropes & Gray team included private equity partner Anthony Norris and counsel Christopher Parsons (both of New York).