Nordic Capital-Led Consortium Takes Inovalon Private
November 24, 2021
Inovalon, a cloud-based healthcare data platform provider, was acquired in an all-cash transaction by an equity consortium led by Nordic Capital and joined by Insight Partners, 22C Capital, and Inovalon founder and CEO Keith Dunleavy, M.D., along with certain Class B stockholders. The deal values Inovalon at an enterprise value of about $7.3 billion and provides Inovalon stockholders $41.00 per share in cash to take the company private.
- Buyers
- Nordic Capital, Insight Partners, 22C Capital, Keith Dunleavy, M.D., certain Class B stockholders of Inovalon
- Targets
- Inovalon
- Industry
- Healthcare Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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