Dechert Advises GIC on US$17 Billion Acquisition of athenahealth
Dechert advised GIC, the sovereign wealth fund of Singapore, in connection with the US$17 billion entry into a definitive agreement to acquire athenahealth, a leading provider of cloud-based enterprise software solutions for medical groups and health systems nationwide.
GIC is part of an investor group that includes Hellman & Friedman, Bain Capital Private Equity and Bain Capital Tech Opportunities. Veritas Capital and Evergreen Coast Capital will each retain a minority investment in athenahealth.
The Dechert team advising GIC included corporate partners Bernardo Piereck, Mark Thierfelder and Sam Whittaker and associate Juan Zambon; international trade and government regulation associate Hrishikesh Hari; tax partner Joshua Milgrim and associate Christian Pritchett; and antitrust partner Clemens Graf York von Wartenburg and counsel Michael Okkonen.
Dechert is a leading global law firm with 22 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.