KKR, Neuberger Berman take a minority stake in Datavant

● GROWTH | HEALTHCARE

SEPTEMBER 15, 2026

KKR, Neuberger Berman take a minority stake in Datavant (New Mountain)

TARGET

Health data connectivity and de-identification platform linking patient records across 80,000+ providers, all U.S. payers, and 350+ life sciences and analytics partners.

Ownership	PE-backed · New Mountain Capital (prior owner); New Mountain Capital, Roivant Sciences, Sixth Street, Transformation Capital, Merck Global Health Innovation Fund +4 more
Capital raised	$83M
Headcount	7,369 FTEs
Headquarters	San Francisco, California
Leadership	Kyle Armbrester, Chief Executive Officer
Sell-side advisor	J.P. Morgan

INVESTOR

KKR, Neuberger Berman

Deal team	Blaine MacDougald (KKR) James Paquette (KKR) David Lyon (Neuberger Berman) Nikhil Krishnan (Neuberger Berman)
Buy-side advisor	—

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KKR, Neuberger Berman -> Datavant  (2026-09-18)
minority_investment | Healthcare | announced
Target: Health data connectivity and de-identification platform linking patient records across 80,000+ providers, all U.S. payers, and 350+ life sciences and analytics partners.
Website: datavant.com
HQ: San Francisco, California | Ownership: pe-backed | Seller: New Mountain Capital
Advisors - Sell-side: J.P. Morgan
Source: Thematic - https://thematichq.com/software/d/kkr-neuberger-berman-datavant.html

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