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New Deal


Announced

Completed

TPG Capital completed the acquisition of Convey Health Solutions for $1.1bn.

Financials

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Transaction Value£898m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.3x
EV/EBITDA23.74x
Share Price Premium143%
One Off Charge-

Tags

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Privatisation

Friendly

Private Equity

Majority

Single Bidder

Public

Domestic

Health Care Services

advisory services

health plans

United States

Acquisition

Completed

Synopsis

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TPG Capital, a private equity firm, completed the acquisition of Convey Health Solutions, a healthcare platform that utilizes technology and processes, for $1.1bn. "We look forward to continuing our partnership with TPG as we work together to serve Convey's health plan clients and their members with our best-in-class technology platforms and business process solutions," Stephen Farrell, Convey CEO.

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