The special committee of Definitive Healthcare's board has confirmed receipt of a non-binding proposal from Advent International to acquire all outstanding shares of Class A common stock and Definitive OpCo Units not already owned by Advent or founder Jason Krantz, for $1.02 per share in cash. The special committee, composed of independent directors, will review the proposal with its advisors to determine the best course for the company and its stockholders. No action is required from stockholders at this time, and there is no assurance that a transaction will be pursued or completed. Rothschild & Co and Skadden, Arps are advising the special committee, while Evercore and Hogan Lovells Cadwalader are advising the company.
Definitive Healthcare CorpGoing-private proposal at $1.02 per share in cash
Proposed acquisition of Definitive Healthcare
