Neuberger and KKR to Invest in Datavant Alongside New Mountain Capital
KKR and Neuberger agreed to acquire a significant minority stake in Datavant, the largest U.S. health data ecosystem, joining New Mountain Capital, which retains its control position after investing since 2014. Deal terms were not disclosed. KKR is investing primarily through funds and accounts managed by its Strategic Investments Group, and the transaction is expected to close in the fourth quarter of 2026 subject to customary closing conditions.
Key figures
- Stake type
- significant minority stake
- Expected close
- Q4 2026
- New mountain aum
- $60 billion
- Records exchanged
- 60 million
- Ecosystem partners
- 350+
- Control retained by
- New Mountain Capital (investor since 2014)
- Us population data reach
- 90%
- Datavant providers reached
- 80,000+
- Top health systems reached
- 75 of the top 100
- Medicare advantage data reach
- 80%
- Neuberger capital solutions aum
- ~$12 billion
- Neuberger private markets commitments
- over $165 billion
AI analysis
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