Veritas Capital announced one of its affiliates will acquire a majority stake in Global Healthcare Exchange (GHX).

GHX, founded in 2000 and based in Louisville, Colorado, is a supply chain software platform.

Veritas, founded in 1992 and based in New York, is a private equity firm that primarily targets technology or technology-enabled solutions for several sectors, including healthcare.

Terms of the investment were not disclosed. Veritas will join existing GHX shareholders Temasek and Warburg Pincus.