trending Market Intelligence /marketintelligence/en/news-insights/trending/h1Dp2VjrMfWn91SwI-a4og2 content esgSubNav
In This List

Report: Baring close to US$320M deal for AGS Health

Video

According to Market Intelligence, December 2022

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022


Report: Baring close to US$320M deal for AGS Health

Buyout firm Baring Private Equity Partners Asia is close to buying medical revenue cycle management company AGS Health for US$320 million, The Times of India reported, citing people directly aware of the matter.

Baring Asia beat out a rival offer from Everstone Capital to become the preferred bidder, according to the report. The publication added, citing unnamed sources, that Baring Asia provided better shareholder agreements.

AGS Health's services include medical billing, claim submission, denial management and medical coding. The company employs more than 5,000 specialists and reportedly generates annualized revenues of US$75 million and an operating profit of roughly US$27 million.