KKR and Veritas’ Cotiviti to Raise $2 Billion Debt for Edifecs

Feb. 6, 2025, 7:56 PM UTC

Lenders including Goldman Sachs Group Inc. are poised to raise an additional $2 billion of debt for Cotiviti Inc.’s potential acquisition of Edifecs Inc., according to people familiar with the matter.

The move comes a year after banks sold a $5 billion leveraged loan to finance KKR & Co’s purchase of a 50% stake in the healthcare tech provider from Veritas Capital.

The total debt backing Cotiviti’s private equity owners buy-and-build strategy could now rise to around $7 billion, if the acquisition of Edifecs goes ahead, the people said, who asked not to be named discussing ...

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