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Announced

Completed

VHP-backed DuvaSawko completed the merger with abeo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

healthcare billing

Private Equity

Private

Domestic

United States

Majority

Single Bidder

Merger

Health Care Services

Friendly

Completed

Synopsis

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Varsity Healthcare Partners-backed DuvaSawko, a provider of emergency medicine revenue cycle management services, completed the merger with abeo Management, a provider of healthcare billing services. Financial terms were not disclosed. “We are excited to join with the recognized leadership of DuvaSawko and their capital partners, Varsity Healthcare Partners. This strategic combination will enable both businesses to benefit from greater scale, diversification, and enhanced sales, service and managerial infrastructure. We also expect continuing growth, through renewed investment in identified organic opportunities and a well-developed acquisition strategy that will add complimentary tools and technology to our service capabilities,” Michael O’Boyle, abeo CEO.

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