M&A · Financials · Hospital & Medical Service Plans
New Enterprise Associates, Inc. to acquire NeueHealth, Inc.
Announced Dec 23, 2024 · Closed Oct 2, 2025
Deal value$1.30B
Premium70.0%To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$7.33 per share
Transaction
- Acquirer
- New Enterprise Associates, Inc.
- Target
- NeueHealth, Inc. (NEUE)
- Buyer type
- Strategic
- Offer price per share
- $7.33
- Enterprise value
- —
- Status
- Closed Oct 2, 2025
Deal protections
- Break fee (target pays)
- —
- Reverse fee (buyer pays)
- —
- Go-shop
- Go-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Not disclosed
- To the target
- Lincoln International
Sector context · Financials
- Comparable deals
- 58 in the prior 24 months
- Premium
- 70.0% vs. 33.5% sector median
- EV / Adj. EBITDA
- Sector median 13.7x
- Break fee
- Sector median 3.3%
Timeline
- AnnouncedDec 23, 2024
- Proxy filedFeb 3, 2025
- Definitive proxyApr 14, 2025
- Shareholder voteMay 7, 2025
- ClosedOct 2, 2025