Thoma Bravo, a private investment major focused on software investments, has completed of its acquisition of NextGen Healthcare, Inc, a provider of cloud-based healthcare technology solutions, for $1.8bn.
The agreement to be acquired was previously announced on 6 September, 2023, and approved by NextGen Healthcare shareholders at the Special Shareholder Meeting held on 7 November, 2023.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
With the completion of the transaction, NextGen Healthcare shareholders are entitled to receive $23.95 per share in cash. The Company’s common stock has ceased trading and will be delisted from Nasdaq.
NextGen Healthcare serves more than 100,000 ambulatory healthcare providers who care for more than 65 million patients in the US.
Source: PrivateEquityWire
Can’t stop reading? Read more
UBS sells $11bn O’Connor platform to Cantor Fitzgerald in major hedge fund reshuffle
UBS sells $11bn O’Connor platform to Cantor Fitzgerald in major hedge fund reshuffle Cantor...
TPG and Blackstone offer $16bn to take Hologic private in major healthcare bid
TPG and Blackstone offer $16bn to take Hologic private in major healthcare bid TPG and Blackstone...
Eurazeo targets GovTech expansion with majority stake in 3P
Eurazeo targets GovTech expansion with majority stake in 3P Eurazeo has entered exclusive...