Inventurus Knowledge Solutions Limited (IKS) announced the definitive agreement to acquire TruBridge, a NASDAQ-listed healthcare technology firm, for an enterprise value of $557 million.
The strategic acquisition aims to combine IKS's platform system of action with TruBridge's electronic health record (EHR) system to create an integrated, AI-first solution for the US rural hospital market.
The deal is immediately EPS accretive, with the combined entity projected to reach ~INR 3,000 crores EBITDA by FY30, leveraging synergies and cross-selling opportunities within TruBridge's 700-hospital install base.
Management outlined a 90-120 day closing timeline, pending FTC approval, followed by a 4-5 quarter integration process to realize operational and G&A synergies.