The board has moved to establish a special committee comprised of independent directors to evaluate the proposal and determine the company’s next steps. While the offer remains in its preliminary stages, the market reaction reflects investor anticipation regarding the potential buyout. Definitive Healthcare officials stated they have no immediate plans to provide further updates as the committee begins its review process.
Advent International Pursues Definitive Healthcare in Cash Buyout
Shares of Definitive Healthcare surged 14% to $1.03 in premarket trading after the company confirmed receiving a non-binding acquisition proposal from private-equity firm Advent International. The offer values the healthcare data provider at $1.02 per share, signaling a potential shift toward taking the firm private in an all-cash deal.
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