CosmicTaco

Access Healthcare Eyes Majority Stake Sale, Targets $1.5bn Valuation

CosmicTaco · 2024-10-04T07:53:33.792496+05:30

- Access Healthcare, a global provider of revenue cycle management (RCM) services, is considering selling a majority stake. - The firm, led by Anurag Jain, has engaged investment bank Jefferies as the sell-side advisor. - The company aims to diversify and grow the business through M&A and is targeting a valuation of up to $1.5 billion. - The firm is expected to post an EBIDTA of around $100 million for CY 25. - The transaction may be launched in a few months depending on market conditions. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/companies/business-process-and-it-services-firm-access-healthcare-exploring-majority-stake-sale-targets-upto-1-5-bn-valuation-12835076.html)

Access Healthcare, a global provider of revenue cycle management (RCM) services, is considering selling a majority stake.
The firm, led by Anurag Jain, has engaged investment bank Jefferies as the sell-side advisor.
The company aims to diversify and grow the business through M&A and is targeting a valuation of up to $1.5 billion.
The firm is expected to post an EBIDTA of around $100 million for CY 25.
The transaction may be launched in a few months depending on market conditions.

Source: Moneycontrol