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KKR & Co Acquires Major Stake in Health Tech Firm Cotiviti

KKR & Co, a renowned private equity firm, recently declared its intention to acquire a substantial stake in Cotiviti, a leading health technology company.

KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes. Photo: Getty Images
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes. Photo: Getty Images

This move comes as part of a deal with investment manager Veritas Capital, and upon completion, both KKR and Veritas will have equal ownership in Cotiviti.

The deal, expected to close in the second quarter of 2024, has not had its financial details publicly disclosed.

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