Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 4:48 PM
| This Slide: #76 of 100 |
Slide #76. HealthLynked Corp — Cura Health Management, LLC, and ACO Health Partners, LLC
Acquirer:
HealthLynked Corp (HLYK)
Acquiree:
Cura Health Management, LLC, and ACO Health Partners, LLC
Details:
HealthLynked Corp (OTC: HLYK), a nationwide healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors, patients and medical data, today announced that it has entered into a definitive agreement to acquire Cura Health Management, LLC ("CHM") and its wholly owned subsidiary ACO Health Partners, LLC ("AHP"). The acquisition cost of $1.75 million was a combination of cash, HealthLynked common stock, and a four-year performance-based earnout. This structure vests the two founders, Nicole Bradberry and Marsha Boggess, in the success of both the company's newly formed Accountable Care Organization ("ACO") Division and HealthLynked at large. The closing is targeted for the beginning of April 2020.
Cura Health Management, LLC, and ACO Health Partners, LLC: PRIVATE
