GHX Sells Minority Stake to Warburg Pincus
June 2, 2021
June 2, 2021
Cleary Gottlieb represented Global Healthcare Exchange (GHX) in its definitive agreement to receive a strategic investment from Warburg Pincus.
The transaction was announced on June 2, 2021. Terms of the transaction were not disclosed.
Headquartered in Louisville, Colorado, GHX has employees in the United States, Canada, and Europe, and is known for operating the largest healthcare trading network representing more than 80% of licensed beds in the U.S. and more than 85% of med-surg products flow through the platform. Following its acquisition of Lumere in 2020 in which Cleary also represented GHX, GHX also operates the largest unified data core of item, vendor, transaction data, and clinical evidence. The company’s expertise in data and analytics helps supply chain, clinical, and financial teams around the world make more informed decisions.
For more information, please see the press release here.