Announced

TA Associates to acquire Nexus for €1.21bn.

Synopsis

TA Associates, a global private equity firm, agreed to acquire Nexus, a European e-health software company, for €1.21bn. "After careful consideration of various strategic options and after analyzing the proposed partnership with TA and the associated takeover offer, the Supervisory Board and Management Board have come to the unanimous conclusion that the transaction is in the best interests of the company and its shareholders. We therefore welcome the strategic partnership with TA and support the offer. The transaction is in the best interest of our customers, partners and employees and creates immediate value for our shareholders," Hans-Joachim König, Nexus Chairman of the Supervisory Board.

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