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.
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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
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