Healthcare & Life Sciences Private Equity Deal Tracker: Veritas Capital to Acquire DXC Technology Healthcare Unit for $5 Billion

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DXC Technology has announced it will sell its healthcare technology business to Veritas Capital.

Veritas will acquire the unit for $5.0 billion in cash.

DXC Technology, based in Tyson, Va., provides information technology services for a wide range of industries, including healthcare and life sciences.

Veritas, based in New York, is a private equity firm that primarily targets technology or technology-enabled solutions for several sectors, including healthcare.

The transaction is expected to close by December 2020.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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