Revenue cycle management firm R1 RCM to go private in $8.9B acquisition

TowerBrook Capital Partners and Clayton, Dubilier and Rice have agreed to acquire R1 RCM for approximately $8.9 billion. This will result in R1 becoming a private company. TowerBrook already controls around 36% of the company’s shares and will buy the rest for $14.30 per share. The deal, which was approved by all parties, is expected to close by the end of the year.