Thursday 01 December 2022

US-based healthcare technology solutions provider NextGen Healthcare, Inc. (NASDAQ: NXGN) has agreed to acquire North Carolina-based value-added reseller TSI Healthcare, in an all-cash transaction, the company said.

The consideration is comprised of an upfront amount of USD 68m, which will be paid in cash with contingent consideration of up to USD 22m in cash in the form of an earnout, subject to achieving certain financial targets through March 31, 2025.