The Advisory Board Company Sells Its Healthcare and Education BusinessesAugust 28, 2017
The Advisory Board Company entered into agreements to sell its healthcare business to health services company Optum and its education business to private equity firm Vista Equity Partners, in a deal with a total value of $2.58 billion. S&C acted for certain of Vista’s financing sources, including CPPIB.
The S&C team consisted of Ari Blaut, Joyce Kwok and William Zhao. David Spitzer and Jonathan Rhein advised on tax.