A Nordic Capital-led consortium completed the acquisition of Inovalon for $7.3bn.

Nordic Capital, Insight Partners, 22C Capital and Keith Dunleavy, Inovalon Founder and CEO, completed the acquisition of Inovalon, a provider of cloud-based analytics and platforms for healthcare providers and pharmaceutical firms, for $7.3bn. Under the terms of the agreement, Inovalon stockholders received $41 per share in cash for each share of Class A common stock or Class B common stock, representing a 25.3% premium. “The closing of this transaction is a significant milestone for Inovalon, and we are excited to begin our company’s next chapter with our partners at Nordic Capital, Insight Partners, and 22C Capital. I am tremendously proud of what Inovalon and our associates have accomplished over more than two decades empowering data-driven improvements across the healthcare ecosystem. We look forward to working together with our new partners to advance Inovalon’s mission, expand our reach, and further expand the value that we bring to our customers and the patients they serve," Keith Dunleavy, Inovalon Founder and CEO.