Ropes & Gray Advises New Mountain Capital in the Acquisition of Apixio
Ropes & Gray advised New Mountain Capital in its agreement to acquire Apixio, Inc. from Centene Corporation. New Mountain Capital is a growth-oriented investment firm with more than $37 billion in assets under management, and Apixio is a leading artificial intelligence platform that enables value-based care. Financial terms were not disclosed. The transaction was announced on May 3 in a press release.
The Ropes & Gray team was led by private equity partners Todd B. Kornreich and Garrett Charon, and included health care partner Tim McCrystal, employment & benefits partner Danna Kivell, data, privacy & cybersecurity partner Ed McNicholas, IP transactions partner Violetta Kokolus, tax partner Alyssa Kollmeyer, litigation & enforcement partner Jonathan Klarfeld, finance partner Arek Maczka, and labor & employment partner Richard Kidd.