Zelis’ Acquisition of Sapphire Digital

Lowenstein Sandler represented Sapphire Digital in the transaction, while Kirkland & Ellis represented Zelis.

Zelis, a leading payments company in healthcare, entered into a definitive agreement to acquire Sapphire Digital, the healthcare industry’s leading platform for provider selection, patient access, price transparency, and digital consumer navigation.

More than 100 million people rely on Sapphire to help them price, select and access care with confidence. As part of the transaction, the Sapphire leadership team will join Zelis to help lead the combined company’s healthcare consumer solutions business.

Specific terms of the transaction were not disclosed.

The Lowenstein deal team included Anthony O. Pergola (Picture), Brendan J. Koeth, Bianka V. Barraza, Kaitlyn M. Baietto, Chelmie Ulysse, Revel Atkinson, Rachel Ingwer, Sartaz Singh, Darren Goodman, Taryn E. Cannataro, Zarema A. Jaramillo, Sydney J. Kaplan, Mark P. Kesslen, Manali Joglekar, and Eric Sands.

Involved fees earner: Revel Atkinson – Lowenstein Sandler; Kaitlyn Baietto – Lowenstein Sandler; Bianka Barraza – Lowenstein Sandler; Taryn Cannataro – Lowenstein Sandler; Darren Goodman – Lowenstein Sandler; Zarema Jaramillo – Lowenstein Sandler; Manali Joglekar – Lowenstein Sandler; Sydney Kaplan – Lowenstein Sandler; Mark Kesslen – Lowenstein Sandler; Brendan Koeth – Lowenstein Sandler; Anthony Pergola – Lowenstein Sandler; Sartaz Singh – Lowenstein Sandler; Chelmie Ulysse – Lowenstein Sandler; Rachel Ingwer – Winston & Strawn;

Law Firms: Lowenstein Sandler; Winston & Strawn;

Clients: Sapphire Digital;