Inventurus Knowledge Solutions Ltd

🚀 IKS Health Acquires TruBridge in Major US Healthcare Expansion

• IKS Health acquires 100% of US-listed TruBridge and plans to take it private

• Initial funding secured through $600M debt with 5-year term at SOFR + 275 basis points

• Deal projected to be PAT and EPS accretive in FY27

• Pro forma revenue for January-December 2025 is $698M for consolidated entity

• Adjusted EBITDA of $186M for consolidated entity

• Combined entity expected to have leverage around 3x EBITDA

• TruBridge serves rural/small-to-mid-sized hospitals with EHR and RCM services

• TruBridge has ~1,500 clients and ~3,700 employees

• Strategic diversification into SaaS EHR and AI-first healthcare solutions

• Synergies from combining ambulatory care (IKS) with acute care/rural hospital (TruBridge)

• Cross-sell opportunities between complementary service offerings

• Creation of integrated 'Operating System for Healthcare' combining EHR with care enablement

• IKS Health targets EBITDA of approximately ₹3,000 crores by FY2030

• Net debt expected to remain similar to December 2025 levels