Hogan Lovells advises on US$295 million IPO of IKS Health

IKS Health offers critical business solutions to healthcare companies in North America and Australia, with a focus on the US markets, specializing in areas such as administrative tasks, clinical support, medical documentation management, and virtual medical scribing. IKS Health has been rated as the leading provider for medical scribing, transcription and outsourced coding solutions for Fiscal 2024 by Blackbook in the US.

In October 2023, IKS Health made an approximately US$ 200 million acquisition of Aquity Holdings, a US-based company specializing in tech-driven clinical documentation, medical coding, and revenue integrity solutions for the healthcare sector. 

The Hogan Lovells team was led by India practice head and Singapore Office Managing Partner Biswajit Chatterjee with support from Kaustubh George, Varun Jetly, Aditya Rajput, Jayant Bhardwaj, Sanjana Ravjiani, and Rosen Chen. 

Hogan Lovells has been ranked No.1 by deal volume and deal value for 2023 India Equity and Rights Offering (Managers) by Bloomberg as well as London Stock Exchange Group (LSEG) in 2024, and has also been ranked among the Top 15 Foreign Law Firms for India-related work by the India Business Law Journal (IBLJ) in 2024. 

About Hogan Lovells India practice 

Hogan Lovells has built a market-leading India practice, drawing on extensive experiences, deep local relationships, and in-depth market knowledge. Our dedicated team, spanning our global network, supports Indian and foreign clients in exploring investment opportunities, raising capital, restructuring business, developing infrastructure projects, and resolving disputes in and outside of India. As trusted legal advisors, we are recognized for an innovative approach to thought leadership, delivering timely and comprehensive insights on legal developments that shape our clients’ strategies and long-term business goals.