ALMT Legal, Khaitan & Co, Latham & Watkins act on acquisition of Exdion Health by Experity

The acquisition supports Experity’s goal of integrating clinical, operational, and financial workflows through AI.
Experity, Exdion
Experity, Exdionhttps://www.linkedin.com/pulse/experity-acquires-exdion-healthcare-accelerate-ai-driven-soboc/
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Exdion Healthcare Solutions, Inc. has been acquired by Experity, Inc., a US based on-demand healthcare technology company.

ALMT Legal, Bangalore advised Exdion Health on the transaction.

The transaction team consisted of Rajat Bopaiah (Senior Partner), Sandhya Susanna Bhaskar (Partner), Rishabh Sureka (Senior Associate) and Danika Joplin (Associate).

Rakesh Prabhu (Senior Partner) advised on the intellectual property aspects.

Junia Sebastian (Senior Partner) advised on employment and corporate commercial matters.

Rajat Bopaiah, Sandhya Susanna Bhaskar
Rajat Bopaiah, Sandhya Susanna Bhaskar

Khaitan & Co advised Experity on this acquisition. The Firm advised on all legal aspects of the transaction, including conducting comprehensive legal due diligence, advising on transaction structuring, drafting, reviewing and negotiating the definitive transaction documents (including the securities purchase agreement, options agreement, escrow agreement and other ancillary agreements), advising on the primary issuance of securities, coordinating the completion of the transaction, and assisting with all post-closing regulatory and corporate compliance requirements.

The transaction team consisted of Bharat Anand (Senior Partner), Kartick Maheshwari (Partner), Soumil Garg (Partner), Sharan Sanil (Counsel), Aditi Halder (Senior Associate), Associates Anshita Agrawal, Viraj Puri, Priyadarshini Dutt and Arth Ghiya with assistance from the following:

Tax: Bijal Ajinkya (Partner), Avin Jain (Principal Associate) and Pal Jain (Associate);

W&I: Rohan Shrivastava (Partner);

Data privacy: Supratim Chakraborty (Partner) and Shramana Dwibedi (Principal Associate);

Intellectual property: Nirupam Lodha (Partner), Shivangi Narang (Principal Associate), Gautam Wadhwa (Senior Associate) and Toshani Mukherjee (Senior Associate);

Labour and employment: Deepak Kumar (Partner);

Anti-trust: Anisha Chand (Partner) and Vrinda Bhardwaj (Associate).

Bharat Anand, Kartick Maheshwari, Soumil Garg
Bharat Anand, Kartick Maheshwari, Soumil Garg

Latham & Watkins also advised Experity on this acquisition.

Exdion Health is an AI-driven SaaS software and services company specializing in the patient chart-to-cash lifecycle, including coding, billing, compliance, and revenue cycle automation.

The acquisition supports Experity’s goal of integrating clinical, operational, and financial workflows through AI, enabling urgent care providers to speed up reimbursement, minimize manual tasks, and enhance financial outcomes on a large scale.

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