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WindRose Health completes sale of Trust Healthcare to JV of Carlyle and Cannae

New York-based healthcare-focused private equity firm WindRose Health Investors LLC completed the sale of substantially all of the assets of portfolio company Trust Healthcare Consulting Services LLC to a healthcare joint venture established by an affiliate of Carlyle Group LP and Cannae Holdings Inc.

Financial terms of the deal were not disclosed.

Trust provides staffing and advisory services for coding, clinical documentation improvement, denial management and coding education solutions for revenue cycle management.

Houlihan Lokey Inc. acted as financial adviser, and McDermott Will & Emery LLP acted as legal adviser to Trust on the transaction.