symplr’s Acquisition of Midas Health

Sidley Austin advised symplr on the deal.

symplr announced its agreement to acquire Midas Health Analytics Solutions from Conduent Incorporated (NASDAQ: CNDT). Symplr, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners, LLC, is a global provider of enterprise healthcare operations including governance, risk management, and compliance SaaS solutions. The transaction is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals.

The Sidley team is led by Mehdi Khodadad (Picture) and Scott Williams (M&A and Private Equity) and includes Spencer Lee, Joe Casavecchia, and Brendan McCartney (M&A and Private Equity); Eric Kauffman, Cathryn Le Regulski, Teresa Reuter, and Emily Wajert (Employment); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Nicholas Schwartz and Kristen Smith (Global Finance); Glenn Nash, Kyle Barnett, and Andy Dykstra (Technology and IP Transactions); Rachel Kleinberg and Jonathan Westreich (Tax); Karen Kazmerzak, Elizabeth Chen, and Joseph Coniglio (Antitrust and Competition); Sven De Knop and Alessandra Moroni (International Trade); Mark Langdon, Kim Schroer, and Gabriela Illa (Healthcare Regulatory); Sujit Raman, Stephen McInerney, and Ernesto Claeyssen (Privacy and Cybersecurity); and Elizabeth McCloy (Real Estate).

Involved fees earner: Kyle Barnett – Sidley Austin LLP; Joe Casavecchia – Sidley Austin LLP; Elizabeth Chen – Sidley Austin LLP; Ernesto Claeyssen – Sidley Austin LLP; Joseph Coniglio – Sidley Austin LLP; Stacy Crosnicker – Sidley Austin LLP; Sven De Knop – Sidley Austin LLP; Gabriela Illa – Sidley Austin LLP; Eric Kauffman – Sidley Austin LLP; Karen Kazmerzak – Sidley Austin LLP; Mehdi Khodadad – Sidley Austin LLP; Rachel D. Kleinberg – Sidley Austin LLP; Mark Langdon – Sidley Austin LLP; Cathryn Le Regulski – Sidley Austin LLP; Spencer Lee – Sidley Austin LLP; Elizabeth McCloy – Sidley Austin LLP; Stephen McInerney – Sidley Austin LLP; Alessandra Moroni – Sidley Austin LLP; Glenn Nash – Sidley Austin LLP; Sujit Raman – Sidley Austin LLP; Sarah Recktenwald – Sidley Austin LLP; Teresa Reuter – Sidley Austin LLP; Kim Schroer – Sidley Austin LLP; Nicholas Schwartz – Sidley Austin LLP; Kristen Smith – Sidley Austin LLP; Emily Wajert – Sidley Austin LLP; Jonathan Westreich – Sidley Austin LLP; Scott Williams – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: symplr;

Martina Bellini

Author: Martina Bellini