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New Deal


Announced

Consumer Direct to go public via a merger with DTRT Health Acquisition in a $829m deal.

Financials

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Transaction Value£634m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Single Bidder

Acquisition

Friendly

Pending

Domestic

Reverse Takeover

home care

Health Care Services

United States

De-SPAC

Private

Synopsis

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Consumer Direct, a self-directed provider of in-home personal care, agreed to go public via a merger with DTRT Health Acquisition, a publicly-traded special purpose acquisition company, in a $681m deal. “We are pleased to be partnering with DTRT. Mark and his team have very relevant healthcare industry experience which aligns well with our operating model. DTRT’s financial resources will allow us to invest in our growth and further our core mission of ensuring accountability and value in the management of public funds, transparency in communication and excellence in service delivery to program participants and their caregivers," Ben Bledsoe, CDH President and CEO.

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