Inovalon to Be Acquired by Equity Consortium Led by Nordic Capital Including Insight Partners for $7.3 BillionStockholders to Receive $41.00 Per Share in Cash

Inovalon to Be Acquired by Equity Consortium Led by Nordic Capital Including Insight Partners for $7.3 BillionStockholders to Receive $41.00 Per Share in Cash BOWIE, Md., Aug. 19, 2021 (GLOBE NEWSWIRE) — Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced that it has entered into a definitive agreement to be acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital, and Inovalon founder and Chief Executive Officer Keith Dunleavy, M.D. and certain Class B stockholders of Inovalon in an all-cash transaction with an …

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2021-08-19 04:00:00