The Daily Buyout
15.6M pref sharesStrategic acquisitionHealthcare & Life SciencesRumored

ECGI Holdings signs LOI for healthcare platform Avanta Group

ECGI Holdings entered a non-binding letter of intent to acquire Avanta Group for up to 15.6 million Series V preferred shares, with 80% of consideration vesting on recurring revenue milestones from $100 million to $400 million.

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