Healthcare Triangle, a US-based subsidiary of SecureKloud Technologies (NSE:SECURKLOUD, BOM:512161), has completed the acquisition of the business and assets of mental health services provider Niyama Healthcare, along with a 100% stake in hospital information systems provider Ezovion Solutions.

Under the pact, Niyama will continue to support operational continuity, including revenue collection and payroll processing, during the transition period through Aug. 15.

The total consideration for the transaction was $5.7 million, including $1.5 million in cash, $3 million in restricted common stock of Healthcare Triangle, and up to $1.2 million in earn-out payments, contingent on the first-year financial performance.

The acquisition was executed through Healthcare Triangle's wholly-owned subsidiary, QuantumNexis.