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New Deal


Announced

Completed

TREND Health completed the acquisition of Advent Health Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Services

United States

Acquisition

Domestic

Majority

Friendly

clinical review

Private

Single Bidder

Completed

Synopsis

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TREND Health, a provider of healthcare credit balance management and payment accuracy solutions, completed the acquisition of Advent Health Partners, a healthcare technology company dedicated to optimizing the clinical review process. Financial terms were not disclosed. “Rarely do you come across two companies with such complementary capabilities and aligned visions as what we found with TREND and Advent. CAVO® will help us extend our existing platform, TRENDConnect, to solve an even broader set of challenges for our payer and provider clients. We are very excited to welcome the Advent team into our organization,”Sarah Armstrong, TREND CEO.

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