I think your concerns are fair, the amount NVO are now paying out to multiple parties needs to be watched closely. But there is another way to look at the acquisition.
This new platform has the capabilities to implement a part of NVO's new strategic plan. By acquiring an existing platform there are a number of benefits for NVO:
- Don't have to spend time and money developing / implementing their own platform
- Gain a number of existing customers from the WHC platform
- The acquisition brings with it employees from WHC who have experience in the area
So yes there are some concerns, but IMO there are also a number of possibilities. You seem to have concerns in regard to John Winters, but at the end of the day he has lots of experience in this industry and skin in the game.
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