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Where is TriZetto incorporated?

TriZetto was incorporated in the State of Delaware on May 27, 1997 under its former name M C Health Holdings, Inc.

How was TriZetto formed?

In October 1997, M C Health Holdings, Inc. exchanged 5,800,895 shares of its common stock for all interests in Croghan & Associates, Inc., a Colorado corporation, and 3,716,667 shares of its common stock for all the equity interests in Margolis Health Enterprises, Inc., a California corporation. Both Croghan & Associates and Margolis Health Enterprises became wholly-owned subsidiaries of MC Health Holdings. On March 18, 1998, the company changed its name to The TriZetto Group, Inc.

Who owns Trizetto?

TriZetto was a private company from its founding in 1997 until its initial public offering on October 8, 1999. After completing an IPO on October 8, 1999, the company's common stock traded on NASDAQ under the ticker symbol TZIX through August 4, 2008. On August 4, 2008, a take-private transaction was closed by which TriZetto became owned by Apax Partners, funds advised by Apax Partners, BlueCross BlueShield of Tennessee and The Regence Group.

Who is Apax Partners?

Since August 4, 2008, TriZetto has been owned by Apax Partners, an international private equity fund that has $40 billion invested in market-leading companies in healthcare, technology, telecom, retail, consumer products, media, and financial and business services. Apax has offices in 9 countries. 44% of Apax's invested funds have come from public and private pension funds; 53% of funds are from North America. In 2007 Apax made investments of $5 billion and paid-out more than $5 billion to its investors. Average annual profit growth for companies in the Apax portfolio was 18% over the last 10 years. At year-end 2007, average debt-to-equity ratio of the live portfolio companies was 57% and the average debt coverage was 4.6 times EBITDA.

Some of the recognizable brands in the portfolio include Tommy Hilfiger (fashion), HiT Entertainment (Barney, Thomas and Friends), New Look (women's fashion retail), Capio (healthcare provider), Hub International (insurance broker), Qualitest Pharmaceuticals (pharmaceuticals) and Molnlycke Healthcare (surgical products).

More information about Apax Partners, including its annual report, is available on the firm's web site at www.apax.com

Where is TriZetto located?

TriZetto is headquartered in Greenwood Village, Colorado and has nine additional facilities. Addresses, phone numbers and directions are included in the Office Locations page in the About Us section of this web site.

How many employees does TriZetto have?

As of December 31, 2007, the company had approximately 2,000 employees.

How many customers does TriZetto have?

As of December 31, 2007, TriZetto provided products and services to 351 unique payer customers, including more than 60% of the BlueCross and BlueShield affiliates and 36% of Medicare Advantage plans. With a broad base of software and service products, TriZetto technology touches approximately half the insured population of the U.S.

What is TriZetto's fiscal year?

TriZetto's fiscal year end is December 31.

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Latest News:

Articles of Interest:

"The Health Plan of Tomorrow"
(266KB PDF)

by Jeff Margolis, Chairman & Founder

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