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New Deal


Announced

Convey Health Solutions to acquire HealthSmart International for $92m.

Financials

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Transaction Value£68m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

healthcare products

Single Bidder

Acquisition

Domestic

Majority

Health Care Services

Private

Pending

Friendly

Synopsis

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Convey Health Solutions, a healthcare technology and services company, agreed to acquire HealthSmart International, a healthcare product company, for $92m. "The acquisition of HealthSmart will significantly enhance our supplemental benefits healthcare offering, as we believe we are combining our best-in-class technology with a product portfolio to improve the lives of the health plan members that we serve," Stephen Farrell, Convey CEO.

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