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New Deal


Announced

Nautic Partners-backed ExactCare Pharmacy to merge with Tabula Rasa HealthCare in a $570m deal.

Financials

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Transaction Value£446m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium34%
One Off Charge-

Tags

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United States

Majority

Private Equity

Domestic

Friendly

healthcare company

healthcare technology

Health Care Services

Acquisition

Public

Merger

Pending

Single Bidder

Synopsis

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Nautic Partners-backed ExactCare Pharmacy, a national medication management and pharmacy care provider, agreed to merge with Tabula Rasa HealthCare, a healthcare company advancing personalized, comprehensive care for value-based care organizations, in a $570m deal. "We see broad strategic alignment between Tabula Rasa and ExactCare. Our organizations provide unique but complementary solutions to address the healthcare challenges experienced by at-risk populations through innovative pharmacy and medication-related services. This partnership enables us to leverage each organization's strengths to enhance the value we deliver to our patients and partners," Marty Butler, ExactCare President and CFO. On October 31, Tabula Rasa announced that its stockholders approved the previously announced acquisition by Nautic Partners.

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