Inovalon focuses on the connection, aggregation and analysis of healthcare data. Its data pertains to more than a million physicians and 584,000 clinical facilities.
Nordic Capital plans to buy Inovalon for about $7.3 billion in cash. Insight Partners and 22C Capital, as well as Inovalon founder, CEO and healthcare billionaire Keith Dunleavy, MD, would join the deal.
The sale would make Inovalon a private company, with Dr. Dunleavy staying on as CEO.
The acquisition is expected to close later this year or in early 2022.
