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New Deal


Announced

Novo Holdings to acquire a minority stake in Availity from Francisco Partners.

Financials

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

Tags

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Cross Border

Minority

United States

Pending

Friendly

Health Care Services

healthcare IT

Single Bidder

Acquisition

Private Equity

Private

Synopsis

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Novo Holdings, an international investor in healthcare and life sciences, agreed to acquire a minority stake in Availity, a healthcare information technology company, from Francisco Partners, an American private equity firm. Financial terms were not disclosed. "Novo Holdings brings new and exciting perspectives to our organization. Their deep experience in global healthcare and commitment to build a stronger, more sustainable healthcare system will help us take payer-provider collaboration, and the tangible benefits of that collaboration, to the next level," Russ Thomas, Availity CEO.

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