NextGen Healthcare agrees to be taken private by Thoma Bravo (updated)

Nextgen Healthcare

06/09/2023 12:16

(Adds details in paragraph 2 and 3, shares in paragraph 4)
       Sept 6 (Reuters) - 
    Healthcare software provider NextGen Healthcare  NXGN.O  on
Wednesday said it has agreed to be bought by private equity firm
Thoma Bravo for about $1.61 billion. 
        Under the terms of the deal, NextGen shareholders will
get $23.95 per share in cash, representing a 16.5% premium to
stock's last close.
  
        Reuters had first 
    reported in August
     that the company was exploring options, including a
potential sale. 
  
        Shares of the company were halted in premarket trading. 
  

 (Reporting by Bhanvi Satija and Christy Santhosh in Bengaluru;
Editing by Dhanya Ann Thoppil)
 ((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91
9873062788;))