Evolent Health Inc - Ordinary Shares - Class A

NYSE:EVH  
34.93
-0.93 (-2.59%)
Mergers / Acquisitions

Evolent Health To Acquire IPG For $375 Million In Cash

Published: 06/29/2022 04:26 GMT
Evolent Health Inc - Ordinary Shares - Class A (EVH) - Evolent Health to Acquire Ipg.
Evolent Will Acquire Ipg From Tpg Growth for $375 Million in Cash, Due at Close.
Deal Expected to Be Immediately Accretive to Adjusted EBITDA Margins and Cash Flow.
Upon Close of the Deal Ipg Team and Platform Will Be Integrated Into New Century Health.
Contingent Consideration of Up to $87 Million May Be Paid Based on Future Performance Milestones for Ipg.company Expects to Fund $250 Million of Purchase Price in Cash.