fintech / news / / Livemint
Jhunjhunwala family-backed Inventurus Knowledge Solutions (IKS Health) announced the acquisition of TruBridge Inc. TruBridge is a Nasdaq-listed provider of healthcare technology solutions for rural and community hospitals.
IKS Health has acquired Nasdaq-listed TruBridge for up to $565 million, its largest acquisition.
KEY POINTS
- The acquisition will be funded through a $670 million, five-year loan from major global banks.
- TruBridge shareholders will receive $26.25 per share, and the deal is expected to close in Q3 2026.
- IKS Health will enter the SaaS electronic health records segment via TruBridge’s cloud-based solutions.
- Post-acquisition, IKS Health will support over 2,000 healthcare organizations with combined AI and EHR services.
COMPANIES
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