i3 Verticals Sells Healthcare RCM Business To Infinx In $96M All-Cash Deal

I3 VERTICALS, INC. -1.93%

I3 VERTICALS, INC.

IIIV

24.96

-1.93%

i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ:IIIV), and Infinx, Inc. ("Infinx"), a leader in AI-powered revenue cycle management solutions, today announced the entry into a definitive agreement and the contemporaneous closing of the sale of i3 Verticals' Healthcare Revenue Cycle Management ("RCM") business, including its associated proprietary technology, to Infinx, in an all-cash transaction for $96 million, subject to post-closing purchase price adjustments.

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