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New Deal


Announced

Completed

Thoma Bravo completed the acquisition of NextGen Healthcare for $1.8bn.

Financials

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Transaction Value£1,430m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium46.4%
One Off Charge-

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software company

Software

Majority

Public

Private Equity

Friendly

United States

Acquisition

Domestic

Single Bidder

Completed

Synopsis

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Thoma Bravo, a software investment firm,completed the acquisition of NextGen Healthcare, a provider of innovative, cloud-based healthcare technology solutions, for $1.8bn. “Under the terms of the agreement, NextGen Healthcare shareholders will receive significant immediate cash value for their shares. In addition, with Thoma Bravo as a partner, the Company will benefit from increased capital, expertise and strategic flexibility to accelerate the Company’s leadership in providing healthcare technology solutions. Thoma Bravo has a 20+ year record of investing in premier companies in the software and technology sectors. We look forward to joining forces to deliver on our mission of Better Healthcare Outcomes for All," David Sides, NextGen Healthcare President and CEO.

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