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01/2026MajorityLBO

Veritas Capital takes majority stake in Global Healthcare Exchange

UNITED STATES Software / Industry-Specific Software / Healthcare EV $1–10bn

Context

Veritas Capital has acquired a majority stake in Global Healthcare Exchange (GHX), a leading supply chain software platform powering mission-critical connectivity between healthcare providers and suppliers. The acquisition will support the acceleration of GHX's growth strategy, with Veritas joining existing shareholders Temasek and Warburg Pincus. The strategic rationale behind the acquisition is to support GHX's vision of creating a more efficient, resilient, and interconnected healthcare system. Veritas recognizes GHX's unique role in facilitating better, more affordable patient care, and will leverage its experience scaling healthcare technology companies to support GHX's growth. The partnership will help GHX further invest in product innovation, pursue organic and inorganic growth, and amplify its AI-powered supply chain strategy. The acquisition is expected to have a positive impact on GHX's operations, enabling the company to move faster and think bigger about building a more resilient, AI-enabled supply chain. The partnership will support GHX's efforts to simplify workflows, generate actionable insights, automate decision-making, and ultimately improve delivery of care. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, including regulatory approvals.

Global Healthcare Exchange, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only].

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Target

Global Healthcare Exchange (GHX) is a supply chain software platform that connects healthcare providers and suppliers, enabling the delivery of products to the right place at the right time. The company's platform digitizes and automates complex healthcare supply chain processes, providing actionable insights and supporting the delivery of patient care. GHX serves a network of customers, including Gartner's top 25 U.S. healthcare systems and the top 30 medical-surgical suppliers globally. The company's solutions have delivered significant savings and supported efforts to enable better clinical care. GHX's platform brings together a unified data core, spanning product, vendor, transactional, clinical, and operational domains. The company's cloud-based solutions, AI-driven automation, and intelligent decision support capabilities support the healthcare industry. With a focus on supply chain resiliency, GHX helps organizations simplify workflows, generate insights, automate decision-making, and improve care delivery. The company has been a trusted partner across the healthcare ecosystem for over 25 years, working to remove waste and strengthen the economic foundation of care delivery.

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
[members only]
[members only]
[members only]
2025
[members only]
[members only]
[members only]

Other operations with Veritas Capital

Other operations with Veritas Capital
DateAcquirerTargetCountrySector
09/2026VERITAS CAPITALBODYCOTEUNITED KINGDOMMetallurgy / Foundry
08/2026VERITAS CAPITALSABER POWER SERVICESUNITED STATESMulti-technical Installation
08/2026VERITAS CAPITALTRINITY CONSULTANTSUNITED STATESEngineering & Consulting

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REFERENCES

Valuation range: EV $1–10bn

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Global Healthcare Exchange by Veritas Capital are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: global healthcare exchange

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Global Healthcare Exchange, an American company specialised in Industry-Specific Software, by Veritas Capital in 2026, structured as a leveraged buyout (LBO).

How was the acquisition of Global Healthcare Exchange by Veritas Capital valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $1–10bn band. Detailed valuation data is available to members.

What sources support the information on this transaction?

Information on this transaction is sourced from the official corporate announcement published by the parties, corroborated by a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

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