Vista Equity Partners/UnitedHealth Group $2.58 billion acquisition of Advisory Board Company

29/8/2017
Public acquisition

$ 2.58 billion

Announced

29/8/2017


Overview:

  • Vista Equity and UnitedHealth Group have split The Advisory Board apart.
  • Affiliates of Vista Equity Partners have acquired Advisory Board's education business for $1.3 billion.
  • UnitedHealth acquired Advisory Board's healthcare business. 
  • The healthcare business will be merged with UnitedHealth Group subsidiary Optum.
  • Both acquisitions totaled $2.58 billion. 
  • Goldman Sachs and Allen & Co provided financial advice to Advisory Board, while Evercore and Macquarie Capital acted as financial advisers for Vista Equity Partners.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Healthcare


Firms:

Party: Goldman Sachs (Financial adviser)

Party: Allen & Co (Financial adviser)


Party: UnitedHealth (Acquirer)

Lawyer: Allen Hicks


Party: Vista Equity (Acquirer)


Party: The Advisory Board Company (Target)