Inventurus Knowledge Solutions Limited has completed the acquisition of 100% of the shareholding in TruBridge, Inc. a company incorporated in the United States of America, for a total consideration of USD 557 million. This completion follows the Board of Directors' approval of the proposed acquisition on April 23, 2026.
The acquisition was executed by Inventurus Knowledge Solutions, Inc. (IKS Inc.), a wholly-owned US subsidiary of Inventurus Knowledge Solutions Limited, through the merger of IKS Next Horizon, Inc. with TruBridge, Inc. IKS Next Horizon, Inc. is a Delaware corporation and wholly-owned subsidiary of IKS Inc. The merger was effected pursuant to an agreement and plan of merger dated April 23, 2026, and was conducted in accordance with Delaware law.
The completion of the acquisition has been disclosed to the National Stock Exchange of India Limited (Symbol: IKS) and BSE Limited (Scrip Code: 544309) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made on July 09, 2026, as a further disclosure to the Company's earlier communication dated April 23, 2026.
TruBridge, Inc. is now a wholly-owned subsidiary of Inventurus Knowledge Solutions Limited following the completion of the merger. The information regarding the acquisition is also available on the Company's website at https://ikshealth.com/investor-relations/.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.