What You Ought to Know:
– Thoma Bravo, a personal fairness software program funding agency has acquired NextGen Healthcare, Inc, for over $1.8B in money.
– Beneath the phrases of the settlement, NextGen Healthcare shareholders will obtain $23.95 per share in money. The acquisition is anticipated to shut within the fourth calendar quarter of 2023
– Upon completion of the acquisition, NextGen Healthcare’s frequent inventory will not be listed on any public inventory trade and can turn out to be a privately held firm.
Affect for Shareholders
The acquisition is anticipated to boost shareholder worth and maximize NextGen Healthcare for future progress and success.
“Beneath the phrases of the settlement, NextGen Healthcare shareholders will obtain important fast money worth for his or her shares. As well as, with Thoma Bravo as a companion, the Firm will profit from elevated capital, experience and strategic flexibility to speed up the Firm’s management in offering healthcare know-how options,” stated David Sides, President and Chief Govt Officer of NextGen Healthcare. “Thoma Bravo has a 20+ yr document of investing in premier firms within the software program and know-how sectors. We look ahead to becoming a member of forces to ship on our mission of Higher Healthcare Outcomes for All.”
