m_and_a
confidence high
sentiment positive
materiality 0.75
Healthcare Triangle acquires Niyama Healthcare and Ezovion Solutions for $5.7M
Healthcare Triangle, Inc.
- Total consideration $5.7M includes $1.5M cash ($1.2M at close), $3M in restricted stock, up to $1.2M earn-out.
- Acquired Niyama's Mental Health SaaS platform, IP, contracts, and 100% of Ezovion Solutions (HIS/EHR provider).
- Transaction closed June 16, 2025; funded via cash and issuance of restricted common stock at $0.00868/share.
- Expands HCTI's footprint into mental health and hospital information systems in India, SE Asia, and Europe.
- Transition period through Aug 15, 2025: Seller supports revenue collection and payroll during integration.
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