Veradigm Inc. (MDRX)

Exclusive-Netsmart's owners explore a sale valuing it at $5 billion -sources

The private equity owners of Netsmart Technologies are exploring a sale of the U.S. healthcare software firm that they hope will value it at more than $5 billion, including debt, according to people familiar with the matter. The Overland Park, Kansas-based company, which is owned by GI Partners and TA Associates, is working with investment banks Goldman Sachs Group and William Blair to launch a sale process in the coming weeks, the sources said. Netsmart expects to generate earnings before interest, taxes, depreciation and amortization of about $250 million this year, the sources added.