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

Posted in Healthcare Services Investing

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.

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