Conduent Incorporated (NYSE:CNDT) entered into a definitive agreement to acquire Health Solutions Plus, Inc. for approximately $97.8 million on October 30, 2018. Under the terms of agreement, Conduent paid $90 million as cash and a maximum contingent consideration payment of $7.8 million over two years. Health Solutions Plus employees will transfer to Conduent, including Health Solutions Plus co- founders John Buser and James Basile. Health Solutions Plus will be a part of Conduent's Financial Services and Healthcare sector led by Group Chief Executive Pratap Sarker. The transaction is subject to regulatory approval and other customary closing conditions and is expected to close during the fourth quarter of 2018. Bruderman Brothers LLC acted as financial advisor to Health Solutions Plus, Inc. Sheppard Mullin acted as legal advisor to Conduent.