Inventurus Knowledge Solutions Limited has reduced its proposed acquisition financing facilities for the TruBridge acquisition from USD 670 million to USD 635 million. The Board of Directors approved the Updated Facilities at its meeting held on July 2, 2026.
The revised financing represents a USD 35 million reduction in the total anticipated debt facilities. Inventurus Knowledge Solutions Limited had originally disclosed the financing arrangement on April 23, 2026, when the board approved the acquisition of TruBridge, Inc. by its wholly-owned subsidiary Inventurus Knowledge Solutions, Inc. through a merger under Delaware law.
Upon completion of the acquisition, Healthcare Resource Group, Inc. a wholly-owned subsidiary of TruBridge, will become a material subsidiary of Inventurus Knowledge Solutions Limited. The board has approved the inclusion of HRG Inc. within the security package for the Updated Facilities to align the security package across the group's material subsidiaries.
The board has approved additional security interests including security over substantially all assets of HRG Inc. subject to shareholder approval by special resolution. A pledge over the entire ownership interest of TruBridge in HRG Inc. has also been approved, subject to shareholder approval by special resolution.
HRG Inc. will issue corporate guarantees for the aggregate principal amounts of the Updated Facilities, including interest and other amounts payable. Security interests have been created over all present and future inter-company debts owed to Inventurus Knowledge Solutions Limited by Inventurus Knowledge Solutions, Inc. IKS Cares Foundation, and Arai Solutions Private Limited, excluding general trade receivables.
Non-disposal undertakings have been approved by Aquity Solutions India Private Limited and Aquity Holding Inc. in relation to shares held in Aquity Solutions India Private Limited. Similar undertakings have been approved by TruBridge Healthcare Private Limited and Trubridge Inc. in relation to shares held in TruBridge Healthcare Private Limited. The board meeting commenced at 6:05 p.m. IST and concluded at 6:26 p.m. IST on July 2, 2026.
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.