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  "documentTitle": "Inovalon | Mergers and Acquisitions Presentation Deck | 45 slides",
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  "authorName": "Inovalon",
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  "presentationDate": "2018-03-01 00:00:00",
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  "notes": "The slide provides key transaction details including valuation multiples in the footnote.",
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      "text": "Inovalon has entered into a definitive agreement to acquire ABILITY Network for $1.2B, comprised of $1.1B in cash and $100M in restricted Inovalon equity. The transaction is expected to close in early April 2018, subject to customary closing conditions and regulatory approval. The combination will create a vertically integrated leader in cloud-based enablement of data-driven, value-based care.",
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      "text": "1 The acquisition price paid represents 16.6x LTM December 31, 2017 Adjusted EBIDTA of $72.1M. Inovalon has received committed financing to fund the acquisition. The acquisition is not subject to a financing condition. Referenced $100M in equity translates into 7.6 million shares, based on the 45-day trailing average closing stock price for INOV as of March 5, 2018 of $13.16.",
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      "text": "The Deal",
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