TowerBrook and Clayton, Dubilier & Rice Acquire R1 RCM
Deal News | Nov 20, 2024 | Paul Hastings
Paul Hastings LLP served as ESG Counsel for TowerBrook Capital Partners in the acquisition of R1 RCM Inc., a healthcare technology company. The transaction involved investment funds affiliated with TowerBrook and Clayton, Dubilier & Rice. The legal team from Paul Hastings included Ruth Knox, the Global Co-Chair of ESG & Sustainable Finance, along with associate Emma Ireland. TowerBrook is a transatlantic investment management firm known for its purpose-driven approach. Paul Hastings is recognized for its elite teams in finance and mergers & acquisitions, among other fields, offering its intellectual capital and execution capabilities to leading global investment banks and corporations.
Sectors
- Legal Services
- Healthcare Technology
- Private Equity
Geography
- Transatlantic – TowerBrook Capital Partners is described as a transatlantic investment management firm.
Industry
- Legal Services – Paul Hastings is a law firm providing legal services, including ESG counsel, for investment transactions.
- Healthcare Technology – R1 RCM Inc., the target company of the acquisition, operates in the healthcare technology sector.
- Private Equity – TowerBrook Capital Partners and Clayton, Dubilier & Rice are private equity firms involved in the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | A premier law firm offering ESG counsel and other legal services. |
| TowerBrook Capital Partners | Buyer | Company | A purpose-driven, transatlantic investment management firm. |
| Clayton, Dubilier & Rice | Buyer | Company | An investment firm collaborating with TowerBrook in the acquisition. |
| R1 RCM Inc. | Target Company | Company | A healthcare technology company that was acquired. |
| Ruth Knox | Global Co-Chair of ESG & Sustainable Finance | Person | A partner at Paul Hastings LLP involved in the transaction. |
| Emma Ireland | Associate | Person | An associate at Paul Hastings LLP involved in the transaction. |