Inovalon Mergers and Acquisitions Presentation Deck
The Deal
INOV & ABILITY Presentation (3.7.18) v1.0.0
Inovalon has entered into a definitive agreement to acquire
ABILITY Network for $1.2B, comprised of $1.1B in cash
and $100M in restricted Inovalon equity.1
The transaction is expected to close in early April 2018,
subject to customary closing conditions and regulatory
approval.
The combination will create a vertically integrated leader in
cloud-based enablement of data-driven, value-based care.
* The acquisition price paid represents 16.6x LTM December 31, 2017 Adjusted EBIDTA of $72.1M. Inovalon has received committed
financing to fund the acquisition. The acquisition is not subject to a financing condition. Referenced $100M in equity translates into 7.6
million shares, based on the 45-day trailing average closing stock price for INOV as of March 5, 2018 of $13.16.
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