Machinify to acquire Performant Healthcare for $670m

Mountain Capital’s New Mountain Capitalio Machinify has signed a final to gain performance, a company in the safety of payment, for about $ 670 million.

Through the integration agreement, shareholders are scheduled to get $ 7.75 in cash per share, which is 139 % on average rate of 40 days, a port of $ 3.25 as of July 31, 2025.

“The future of the American health care system requires updating information technology infrastructure, including data networks around the patient,” said the new administrative director of shares in the mountainous capital and president Matt Hoult.

“Performance in addition to Machinify in addition to the corporate ecosystem that we build in New Mountain Capital will open the possibility of a new system in line with a more efficient productive care model and provides better results for the patient.”

It is expected that the acquisition will be completed by the end of this year, taking into account the conditions of the closure, which includes the approval of the shareholders of organizational permits.

“In Machinify, we are creating the modern intelligence platform that is designed for accuracy and transparency,” said Machinify David Pierre.

“By combining our strong motivation operating system, trusted domain experience and distinct data assets, Machinify will support a broader range of customers, including medical care centers, medical stomach, government government and local governments. The joint quality company will provide a largely timely paid payments.”

Performance must maintain its commercial operations as usual until the treatment is completed.

The company’s board of directors gave unanimous approval to the deal.

Pillsbury Winthrop Shaw Pittman works as a legal advisor, while Truist Securities provides exclusive financial advisory services.

JP Morgan Securities Machinify is recommended exclusively on the financial aspects, while providing Ropes & Gray from legal advisers.

“Machinify for healthcare for $ 670 million” was originally created and published by Management in hospitals, a brand owned by Globaldata.

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