Benzinga | Jan 10, 2022 09:11AM EST

Convey Health Solutions To Acquire HealthSmart International For $77.5M In Cash

Convey Health Solutions Holdings, Inc. (NYSE:CNVY) (Convey), a leading healthcare technology and services company, announced today that it entered into a definitive agreement to acquire HealthSmart International (HealthSmart) for $77.5 million in cash. The transaction is subject to customary closing conditions, with up to $15 million of additional cash payable if HealthSmart achieves certain 2022 revenue targets. The acquisition of HealthSmart ( https://www.livehealthsmart.com) will further expand Convey's mission to provide industry leading solutions and services that improve health plan operations and elevate the member experience. The parties expect to close the transaction during the first quarter of 2022.