Churchill Capital Corp III to Combine with MultiPlan
July 12, 2020
Churchill Capital Corp III agreed to merge with MultiPlan, taking the healthcare cost-management company public in a transaction that implies an initial enterprise value of approximately $11 billion. The deal includes up to $3.7 billion of new equity- and equity-linked capital (including a $2.6 billion PIPE and $1.1 billion from Churchill) to reduce debt and fund MultiPlan's organic and M&A-driven growth; Hellman & Friedman will remain MultiPlan's largest shareholder.
- Buyers
- Churchill Capital Corp III, PIPE investors
- Targets
- MultiPlan, Inc.
- Sellers
- Existing MultiPlan shareholders
- Industry
- Healthcare Services
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Agility Robotics to Merge with Churchill Capital Corp XI
June 24, 2026
Manufacturing
Agility Robotics entered into a definitive business combination agreement with Churchill Capital Corp XI, valuing Agility at $2.5 billion before the transaction. The proposed deal includes a PIPE of approximately $200 million led by Foxconn and is expected to provide Agility with more than $620 million in gross proceeds to expand deployments, scale production, and invest in its robotics platform.
-
Infleqtion Completes Business Combination With Churchill Capital Corp X to Begin Trading as INFQ
February 16, 2026
AI & Machine Learning
Infleqtion completed its previously announced business combination with Churchill Capital Corp X (Churchill X), a special purpose acquisition company, and began trading on the NYSE under ticker INFQ on February 17, 2026. Following the closing, Churchill X delisted its shares, warrants, and units from Nasdaq, and Infleqtion positioned itself as a publicly listed neutral-atom quantum computing and quantum sensing company.
-
Churchill Capital Corp IX to Merge with PlusAI (Plus Automation)
January 12, 2026
AI & Machine Learning
Churchill Capital Corp IX (NASDAQ: CCIX) and Plus Automation, Inc. (PlusAI) announced a proposed business combination, with the SEC-declared-effective S-4 serving as a key step toward completion. The SPAC scheduled/rescheduled an extraordinary general meeting of shareholders to vote on the merger, with Nasdaq listing anticipated for the post-combination company under ticker symbols “PLS” and “PLSW.”
-
Focus Partners Wealth to Acquire Churchill Management
June 4, 2025
Financial Services
Focus Partners Wealth, LLC (part of Focus Financial Partners) will acquire Churchill Management Corporation in a deal expected to close in the third quarter of 2025, subject to customary closing conditions. Churchill, based in Los Angeles, provides investment management and financial planning services and is expected to add about $9.4 billion in regulatory assets under management.
-
MultiPlan Corporation Acquires Discovery Health Partners
January 21, 2021
Healthcare Services
MultiPlan Corporation agreed to acquire Discovery Health Partners for about $155 million plus transaction costs. The acquisition expands MultiPlan’s payment integrity capabilities by adding Discovery’s revenue integrity service line, deepening its penetration in the government market and extending its suite of analytics-driven cost-management solutions for health payors.
-
MultiPlan Corporation Acquires HST
November 9, 2020
Healthcare Services
MultiPlan Corporation (NYSE: MPLN) acquired HST, a healthcare technology company that enables value-based health benefit plan designs, for $140 million. The transaction closed on November 9, 2020 and expands MultiPlan's analytics and front-end engagement capabilities for payors and employer-sponsored plans.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.