Healthcare & Life Sciences Private Equity Deal Tracker: TPG to Take Convey Private for $1.1 Billion

McGuireWoods LLP

TPG Capital will take Convey Health Solutions Holdings (NYSE: CNVY) private, according to a news release.

Convey, based in Fort Lauderdale, Fla., is a specialized healthcare technology and services company. Founded in 2001, the company solutions, designed for government-sponsored health plans, are designed to support member interactions, compliance and Medicare processes.

TPG Capital, headquartered in Fort Worth, Texas and San Francisco, targets investments in middle-market companies in healthcare and a number of other industries. TPG Capital is the private equity platform of global alternative asset management firm TPG.

TPG is Convey’s principal shareholder. Under the terms of the definitive merger agreement, the firm will acquire all outstanding shares of Convey common stock, representing an enterprise value of about $1.1 billion.

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McGuireWoods LLP

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