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Phreesia to Acquire AccessOne, Expanding Its Suite of Payment Solutions

1. Phreesia is acquiring AccessOne for $160 million in cash. 2. The deal is expected to close by Q3 or early Q4.

M&A
-9.87%Current Return
VS
-0.27%S&P 500
$31.2109/04 04:20 PM EDTEvent Start
$28.1309/05 10:42 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions often lead to expanded growth opportunities. Historical data shows positive stock reactions following similar announcements in the healthcare tech sector.

How important is it?

M&A activities in healthcare tech generally signify growth potential, influencing investor confidence in PHR substantially.

Why Short Term?

The immediate market perception will react positively to the acquisition news. If AccessOne’s assets enhance earnings, we could see a sustained uptick.

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CERNVEEVHCA
ALL-REMOTE COMPANY/WILMINGTON, Del.--(BUSINESS WIRE)--Phreesia, Inc. (NYSE: PHR) (“Phreesia”), a trusted leader in patient activation, today announced it has entered into a definitive agreement to acquire AccessOne Parent Holdings, Inc. (together with its subsidiaries, “AccessOne”), a portfolio company of Frontier Growth, for aggregate consideration of $160 million in cash (the “AccessOne Acquisition”). The transaction is expected to close during the third quarter or early fourth quarter of Phr.

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