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Transactions / I•• C•••••••••
New M••••••• Capital Partners with I•• C••••••••• and Revint Solutions
Platform acquisitionannouncedannounced Dec 13, 2017Fact
What happened
- Target
- I•• C•••••••••
- Platform
- not an add-on on record
- Control
- Control
- Share acquired
- unknown
- Industry
- business_services / consulting, outsourc
- Target location
- unknown
- Seller kind
- unknown
- Rollover
- unknown
Values, only where disclosed
- Enterprise value
- Not disclosed
- Purchase price
- Not disclosed
- Equity value
- Not disclosed
- Target revenue
- Not disclosed
- Target EBITDA
- Not disclosed
- Multiple
- Not disclosed
Parties and roles
9 named
Buy side
- ““We are thrilled to be partnering with the IMA and Revint teams,” said J••• Q•••, Director at New M•••••••.”
- “M••• H•••, Managing Director at New M••••••• said, “This partnership is the result of our continued efforts to back market leading platforms in the healthcare sector, with a particular focus on leveraging modern technology and data to reduce cost and improve care.”
- “The merger was facilitated by a majority investment from New M••••••• Capital LLC (“New M•••••••”), a growth-oriented investment firm that currently manages over $20 billion in assets.”
Advisory side
- H••••••• L••••Financial adviserconfirmed“H••••••• L•••• served as financial advisor”
- R•••• • G••• L••Legal adviserconfirmed“and R•••• • G••• L•• provided legal counsel to New M••••••• Capital.”
- B•••• • S•••Legal adviserconfirmed“C••• B••••••• served as financial advisor and Bass, B•••• • S••• PLC served as legal counsel to IMA.”
- H••••• A••••• K•••••• L••Legal adviserconfirmed“H••••• A••••• K•••••• L•• served as legal counsel to Revint.”
- C••• B•••••••Sell-side adviserconfirmed“C••• B••••••• served as financial advisor and Bass, B•••• • S••• PLC served as legal counsel to IMA.”
Side not stated
- “New M••••••• Capital Partners with I•• C••••••••• and Revint Solutions”
Evidence
“New M••••••• Capital Partners with I•• C••••••••• and Revint Solutions”
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