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New Deal


Announced

TPG and Leonard Green & Partners to invest in WellSky at a $3bn valuation.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA21.13x
Share Price Premium-
One Off Charge-

Tags

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Domestic

United States

Pending

health care technology

Majority

Single Bidder

software development

Software

Private Equity

Acquisition

Friendly

Private

Synopsis

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Private equity firms TPG and Leonard Green & Partners agreed to invest in WellSky, a global health and community care technology company, at a $3bn valuation. "TPG and LGP are strongly aligned with our vision of delivering the best and most comprehensive suite of solutions to advance care. WellSky has built the most robust portfolio in post-acute and community care. We’re excited to drive ongoing innovation and deliver new technology and services to help WellSky clients grow their businesses and improve outcomes for their communities," Bill Miller, WellSky CEO.

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