M&A · Industrials · Services-Business Services, NEC
Micro Hospital Holding LLC to acquire Clinigence Holdings, Inc.
Announced Nov 24, 2021 · Closed Apr 4, 2022
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- Micro Hospital Holding LLC
- Target
- Clinigence Holdings, Inc. (NUTX)
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Apr 4, 2022
Deal protections
- Break fee (target pays)
- $14.3M
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Not disclosed
- To the target
- Benchmark
Sector context · Industrials
- Comparable deals
- 45 in the prior 24 months
- Premium
- Sector median 38.4%
- EV / Adj. EBITDA
- Sector median 11.9x
- Break fee
- Sector median 2.8%
Timeline
- AnnouncedNov 24, 2021
- Proxy filedFeb 3, 2022
- Definitive proxyFeb 14, 2022
- Shareholder voteMar 16, 2022
- ClosedApr 4, 2022