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Apax to buy TriZetto, with customer’s help

Wall Street Journal (subscription required), April 22, 2008

Private-equity firm Apax Partners will acquire healthcare-software maker TriZetto Group Inc. for $1.4 billion. TriZetto customers BlueCross BlueShield of Tennessee and Regence Group are providing an undisclosed share of the deal's funding and will be equity investors in the new company. Regence is a combination of several BlueCross BlueShield health-insurance plans in several states.