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New Deal


Announced

Completed

Cox Enterprises led a $58m funding round in Aver.

Financials

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Transaction Value£42m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Single Bidder

Completed

Minority

Health Care Services

healthcare system

Friendly

United States

Private

Synopsis

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Cox Enterprises, a business conglomerate, led a $58m funding round in Aver, a healthcare services provider. “This new investment is a great moment for our company and signals the aggressive expansion of our mission: ‘the evolution of healthcare from its chaotic environment to an orderly infrastructure that enables true, quality-driven healthcare to be paid for and consumed economically and efficiently for all participants.’ Aver provided the strong foundation that powered the company’s evolution. Our accomplishments reinforce our industry-leading customer partnerships, talent of our team, and the market’s connection to our vision for a completely different healthcare world that delivers quality and cost, at levels often believed were unattainable. Our new brand, Enlace Health, embodies our strong history while embracing the innovation needed to change healthcare,” Bill Nordmark, Aver CEO.

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