i3 Verticals sells healthcare RCM business to Infinx for $96M cash; focuses on public sector

i3 Verticals, Inc.

Divested healthcare RCM business for $96 million all-cash, subject to post-closing adjustments.
RCM business represented ~83% of Healthcare Segment revenues for calendar year 2024.
Company will streamline to focus on Public Sector vertical, including K-12 education.
Credit agreement amended; revolving line of credit reduced from $450M to $400M.
Deal closed contemporaneously with signing on May 5, 2025.

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