TPG Capital to Acquire Convey Health Solutions in ~$1.1B Deal
June 22, 2022
TPG Capital, the private equity platform of TPG, announced it will acquire Convey Health Solutions Holdings in a definitive merger agreement valued at approximately $1.1 billion. Under the terms, TPG Capital will buy all shares not already owned by it or certain management and director shareholders for $10.50 per share in cash, with closing expected in the second half of 2022.
- Buyers
- TPG Capital
- Targets
- Convey Health Solutions Holdings, Inc.
- Sellers
- Convey management and director shareholders (to the extent they hold shares not acquired by TPG)
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
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