Inactive Instrument

NextGen Healthcare, Inc.

NXGN

US65343C1027

Healthcare & Life Sciences Private Equity Deal Tracker: Thoma Bravo Acquires NextGen

November 21, 2023 at 01:16 am EST

Thoma Bravo has completed its acquisition of NextGen Healthcare, according to a news release.

NextGen, founded in 1994 and based in Atlanta, is a provider of healthcare software services.

Thoma Bravo paid $23.95 for each NextGen share in a transaction valued at approximately $1.8 billion. NextGen has now become a privately held company.

Thoma Bravo, with offices in Chicago and San Francisco, is a private equity investment firm focused on investing in software and technology businesses, including healthcare information technology companies.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Ms Amber Walsh
McGuireWoods LLP
Gateway Plaza
800 East Canal Street
Richmond, VA
23219-3916
UNITED STATES

Latest news about NextGen Healthcare, Inc.

NextGen Healthcare Launches Ai-Driven Efficiency Solution for Mental and Behavioral Health Professionals	Apr. 11	CI
NextGen Healthcare Chosen by United Medical Centers to Support Integrated Care Delivery in Communities At United States-Mexico Border	Mar. 18	CI
NextGen Healthcare, Inc. and SCHIO Team Up to Help California Providers Tackle the State?s New Data Exchange Regulations	Feb. 21	CI
Spectrum Healthcare Selects NextGen Healthcare to Help Address Shortage of Primary and Behavioral Health Professionals	Jan. 10	CI
Nextgen Healthcare Promotes Srinivas Velamoor to President and Chief Operating Officer	Jan. 04	CI
NextGen Healthcare Expands Global Footprint to Support Healthcare Organizations with Advanced Interoperability Solutions	Jan. 04	CI
Nextgen Healthcare, Inc. Announces CFO Changes	Jan. 04	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from S&P 1000	Nov. 13	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from S&P TMI Index	Nov. 13	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from S&P Global BMI Index	Nov. 13	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from S&P 600 Health Care	Nov. 13	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from S&P 600	Nov. 13	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from S&P Composite 1500	Nov. 13	CI
NextGen Healthcare, Inc.(NasdaqGS:NXGN) dropped from NASDAQ Composite Index	Nov. 09	CI
Thoma Bravo Discover Fund IV, managed by Thoma Bravo, L.P. completed the acquisition of NextGen Healthcare, Inc. from shareholders.	Nov. 08	CI
Tranche Update on NextGen Healthcare, Inc.'s Equity Buyback Plan announced on October 25, 2022.	23-10-24	CI
Earnings Flash (NXGN) NEXTGEN HEALTHCARE Posts Q2 Revenue $176.4M	23-10-24	MT
Earnings Flash (NXGN) NEXTGEN HEALTHCARE Reports Q2 EPS $0.31	23-10-24	MT
NextGen Healthcare, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-24	CI
NextGen Healthcare Releases AI Ambient Listening Tool to Improve Patient-provider Communication	23-10-09	MT
NextGen Healthcare, Inc. Unveils NextGen Ambient Assist, an AI Solution Designed to Boost Provider Efficiency	23-10-09	CI
Truist Securities Adjusts Price Target on NextGen Healthcare to $23.95 From $18, Maintains Hold Rating	23-09-08	MT
Cantor Fitzgerald Downgrades NextGen Healthcare to Neutral From Overweight, Raises Price Target to $23.95 From $21	23-09-07	MT
Deutsche Bank Adjusts NextGen Healthcare Price Target to $24 From $21, Maintains Hold Rating	23-09-07	MT
RBC Raises Price Target on NextGen Healthcare to $23.95 From $17, Announces Acquisition by Thoma Bravo, Keeps Sector Perform Rating	23-09-07	MT

Chart NextGen Healthcare, Inc.

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Company Profile

NextGen Healthcare, Inc. is a provider of cloud-based, healthcare technology solutions that helps ambulatory healthcare providers to manage the risk and complexity of delivering care in the United States healthcare system. Its portfolio includes integrated solutions, which delivers on ambulatory healthcare imperatives, including consumerism, digitization, risk allocation, regulatory influence, and integrated care and health equity. Its solutions deliver care in various medical specialty in a range of practice models, including accountable care organizations (ACOs), independent physician associations (IPAs), managed service organizations (MSOs), veterans service organizations (VSOs) and dental service organizations. It offers services across enterprise, office and insights, which include NextGen Enterprise HER, NextGen Enterprise PM, NextGen Virtual Visit, NextGen Office, NextGen Share and Mirth Connect. It also offers data and analytics solutions, which include NextGen Health Data Hub.

Sector

IT Services & Consulting

Calendar

2024-05-22 - Q4 2024 Earnings Release (Projected)

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