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DWF advising Constellation Healthcare Technologies, Inc. on its proposed $310m take private

DWF LLP is advising AIM-listed Constellation Healthcare Technologies, Inc. (CHT) with respect to its recommended proposed acquisition by CHT Holdco, LLC, a newly incorporated entity backed by CHT’s CEO, Paul Parmar and CC Capital Management, to be effected by means of a merger under Delaware law.

The proposed acquisition values CHT's entire issued and to be issued share capital at approximately $310 million. The transaction is subject to a number of conditions, including CHT shareholder approval, and is anticipated to complete in early 2017.

CHT provides a holistic, integrated suite of practice management support services to hospitals and medical practices across the United States. CHT's main business involves the provision of revenue cycle management services to medical practices and hospitals using IT based billing systems, together with sophisticated automation and workflow management with a view to optimising the medical billing and cash collection processes.

The DWF team is being led by Matthew Doughty, head of the firm’s London corporate team, with assistance from Manmohan Singh and Joseph Hui (corporate) and Jon Stevens (tax).

Matthew Doughty

Partner

I am a corporate lawyer with more than 20 years’ experience specialising in mid-market M&A and capital markets transactions for private and publicly owned companies.

Manmohan Singh

Director

With over ten years' experience, Manmohan focuses his practice on international corporate matters, including corporate finance, mergers and acquisitions, and corporate investment.

Jon Stevens

Partner

I am a Partner and specialist tax lawyer with experience of advising on all aspects of tax planning related to corporate and property transactions.