Evolent Health to Acquire Surgical Management Solutions Provider IPG.

MANews-(C)2009-2022

US-based clinical and administrative solutions provider Evolent Health, Inc. (NYSE: EVH) has entered into a definitive agreement to acquire IPG, a technology and services company providing surgical management solutions for musculoskeletal conditions, the company said.

Evolent is acquiring IPG from TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, for USD 375m plus additional contingent consideration of up to USD 87m.

Upon close the IPG team and platform will be integrated into New Century Health.

Evolent Health (NYSE: EVH) offers clinical and administrative solutions that improve whole-person health while making health care simpler and more affordable.

Its solutions encompass total cost of care management, specialty care management, and administrative...

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