NextGen Healthcare (NXGN) to Acquire TSI Healthcare
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NextGen Healthcare Announces Agreement to Acquire TSI Healthcare
November 30, 2022 7:00 AM ESTREMOTE-FIRST COMPANY/CHAPEL HILL, N.C.--(BUSINESS WIRE)-- NextGen Healthcare, Inc. (Nasdaq: NXGN), a leading provider of innovative cloud-based healthcare technology solutions, today announced it has signed a definitive agreement to acquire TSI Healthcare, a privately held value-added reseller located in Chapel Hill, NC. The acquisition shall be deemed effective 11:59 p.m. on November 30, 2022. The consideration is comprised of an upfront amount of $68 million, which will be paid in cash with contingent consideration of up to $22 million in cash in the form of an earnout, subject to achieving certain financial targets... More
