Kyndryl has completed its acquisition of Healthcare IT Leaders, LLC, an enterprise IT services provider serving hospitals and health systems across the United States, for up to $350 million, including a contingent performance-based earnout. The deal follows Kyndryl's August 10, 2026 announcement of its intent to acquire the company. The acquisition combines Healthcare IT Leaders' healthcare consulting and application managed services expertise with Kyndryl's infrastructure and AI capabilities, letting healthcare organizations work with a single provider across applications, infrastructure and consulting. Revenues generated by Healthcare IT Leaders over the twelve-month period ending March 31, 2026, were approximately 1% of Kyndryl's revenue for fiscal year 2026, and the transaction does not change Kyndryl's fiscal year 2027 outlook provided on August 5, 2026. Kyndryl said it has temporarily paused its share repurchase program to preserve financial flexibility and will update investors when it resumes.
Kyndryl Holdings IncKyndryl completed its acquisition of Healthcare IT Leaders for up to $350 million, expanding its healthcare IT services capabilities.
Healthcare IT Leaders was acquired by Kyndryl for up to $350 million, including a contingent performance-based earnout.
