Thoma Bravo Completes $1.8B Take-Private Acquisition of NextGen Healthcare

Thoma Bravo completed its acquisition of NextGen Healthcare, a provider of cloud-based healthcare technology solutions, for $1.8 billion.

NextGen Healthcare shareholders will receive $23.95 per share in cash. The company’s common stock has ceased trading and will be delisted from the Nasdaq.

NextGen Healthcare serves more than 100,000 ambulatory healthcare providers who care for more than 65 million patients in the US. In 2023, NextGen Enterprise, the company’s flagship platform, was ranked the #1 EHR and PM by BlackBook Research.

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