EVOLENT HEALTH TO ACQUIRE IPG

 Expected to Accelerate Evolent Health's Position as a Leading Provider of Value-Based Specialty Care Solutions

- Expands Evolent's Value-Based Specialty Care Solutions Portfolio to Musculoskeletal Conditions
- Expected to be Immediately Accretive to Adjusted EBITDA Margins and Cash Flow
- Diversifies Customer Mix and Accelerates Entry into Commercial Line of Business

Evolent Health, Inc. ("Evolent" or "the Company") (NYSE: EVH) today announced that it has entered into a definitive agreement to acquire IPG, a leading technology and services company providing surgical management solutions for musculoskeletal conditions, from TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, for $375 million plus additional contingent consideration of up to $87 million. Upon close the IPG team and platform will be integrated into New Century Health.

https://finance.yahoo.com/news/evolent-health-acquire-ipg-041800941.html