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Starr leads purchase of healthcare services firm MultiPlan

By Los Angeles Times / Associated Press  
   February 18, 2014

A group led by Starr Investment Holdings said Monday that it is buying MultiPlan Inc., which helps manage claims for large health insurers. The price was $4.4 billion, according to a person close to the deal, who spoke on condition of anonymity because the companies did not disclose terms. Starr and Switzerland-based Partners Group said their group had agreed to buy MultiPlan from private equity firms Silver Lake and BC Partners. Starr is part of C.V. Starr & Co., which is led by Maurice "Hank" Greenberg, former chief executive of American International Group Inc.

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