Definitive Healthcare said it has received a notice of interest from Advent International to acquire the company for $1.02 a share.
Advent, a private-equity firm, would pay in all cash and would bring the healthcare market data provider private, per the non-binding letter.
Shares of Definitive Healthcare jumped 14% to $1.03 in premarket trading.
Definitive Healthcare said it has formed a special committee composed of independent directors to take actions with respect to a potential deal with Advent.
The company doesn't plan to disclose any further updates about the deal.