The Advisory Board Company Sells Its Healthcare and Education BusinessesNovember 17, 2017
On November 17, The Advisory Board Company completed the sale of its education business to private equity firm Vista Equity Partners. The Advisory Board Company's agreement to sell its healthcare business to healthcare services company Optum, announced on August 28, remains pending. 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.