By WELL Health Technologies Corp.

closed 12/2/2021 via PR Newswire

WELL Health Technologies Corp., acquired Ocean (EMR)

See 1052 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian omni-channel digital health company, has acquired Ocean, Canada’s leading platform for EMR-integrated patient engagement and eReferral solutions. Ocean offers a cloud-based platform that allows healthcare providers to securely share health information for clinical use, administration, and referrals.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health is an omni-channel digital health company in Canada. WELL Health's overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. The company owns and operates 27 primary healthcare clinics. "
 target: Ocean (EMR)
Ocean is Canada’s leading platform for EMR-integrated patient engagement and eReferral solutions. Ocean offers a cloud-based platform that allows healthcare providers to securely share health information for clinical use, administration, referrals and research.
price ($mm)
$14
rev ($mm)
$3
EBITDA ($mm)
EV / rev
6.1x
EV / EBITDA
announced 9/24/2021 via PR Newswire

WELL Health Technologies Corp., will acquire Aware MD

See 824 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian omni-channel digital health company, will acquire Aware MD. Based in Ontario, Aware MD is the owner of Cerebrum an enterprise class EMR provider with a focus on Cardiology in addition to other disease specialties including radiology, endocrinology, and rheumatology.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health is an omni-channel digital health company in Canada. WELL Health's overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. The company owns and operates 27 primary healthcare clinics. "
 target: Aware MD
Based in Canada, Aware MD is an enterprise class EMR (Electronic Medical Record) provider with a strong offering of products and services for disease specialties, including cardiology, radiology, endocrinology, and rheumatology.
price ($mm)
$3.53
rev ($mm)
$2
EBITDA ($mm)
EV / rev
4.0x
EV / EBITDA
announced 4/29/2021 via Company Press Release

WELL Health Technologies Corp., will acquire Doctors Services Group Ltd.

See 8 Comparable Transactions
synopsis: WELL Health Technologies Corp., a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce it has entered into a definitive share purchase agreement to acquire 51% of the issued and outstanding shares in Doctors Services Group, an uninsured service-billing program.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health is an omni-channel digital health company in Canada. WELL Health's overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. The company owns and operates 27 primary healthcare clinics. "
 target: Doctors Services Group Ltd.
Ontario, Canada based, Doctors Services Group is the industry leader for uninsured service billing programs and also offers physicians a suite of additional tools and services that will transform practice productivity and enhance patient care.
price ($mm)
$0.76*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/9/2021 via PR Newswire

WELL Health Technologies Corp., will acquire Intrahealth

See 1052 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, will acquire Intrahealth, a Vancouver-based provider of enterprise class EMR and clinical healthcare software. Intrahealth will continue to operate as a stand-alone business within the WELL EMR Group.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health is an omni-channel digital health company in Canada. WELL Health's overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. The company owns and operates 27 primary healthcare clinics. "
 target: Intrahealth
Based in Canada, Intrahealth is an enterprise class Electronic Medical Records (EMR) provider with a deep IP portfolio and a highly customizable platform that supports a myriad of healthcare settings, including health authorities, hospitals, public health outpatient centres, and more.
price ($mm)
$19
rev ($mm)
$9
EBITDA ($mm)
$2
EV / rev
2.1x
EV / EBITDA
10.7x
closed 1/8/2021 via Company Press Release

WELL Health Technologies Corp., acquired Open Health Software Solutions Inc.

See 893 Comparable Transactions
synopsis: Well Health Technologies Corp., a Canadian healthcare technology company, has acquired Ottawa-based Open Health Software Solutions Inc. (Open Health), a provider of open-source software services and support related to OSCAR EMR. Open Health will become a part of the WELL EMR Group and be migrated into WELL's OSCAR Pro platform.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health is an omni-channel digital health company in Canada. WELL Health's overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. The company owns and operates 27 primary healthcare clinics. "
 target: Open Health Software Solutions Inc.
Based in Ottawa, Open Health Software Solutions provides open-source software services and support related to OSCAR EMR. Open Health assists healthcare organizations, physician offices, and clinics by implementing software that improves the quality of the healthcare service they deliver.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/16/2020 via BNC Analysis

WELL Health Technologies Corp., will acquire Adracare

See 1541 Comparable Transactions
synopsis: WELL Health Technologies Corp., an omni-channel digital health company in Canada, will acquire Adracare, a clinic and practice management software system in Canada. Adracare offers an all-in-one telehealth and practice management solution that helps behaviour and allied health clinics to save time and cut costs, without sacrificing quality of care.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health is an omni-channel digital health company in Canada. WELL Health's overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. The company owns and operates 27 primary healthcare clinics. "
 target: Adracare
Adracare is a complete clinic and practice management software system in Canada. Adracare offers an all-in-one telehealth and practice management solution that helps behaviour and allied health clinics to save time and cut costs, without sacrificing quality of care.
price ($mm)
$3.63
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/13/2020 via BNC Analysis

WELL Health Technologies Corp., will acquire Source 44 Security

See 4833 Comparable Transactions
synopsis: Vancouver-based WELL Health Technologies Corp., a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, will acquire Source 44 Consulting Incorporated (Source 44). Based out of Markham, Ontario, Source 44 is a provider of cybersecurity services and solutions for businesses.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
Vancouver-based WELL is an omni-channel digital health company whose overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. "
 target: Source 44 Security
Headquartered in Ontario, Source 44 Security is a provider of cybersecurity services and solutions for businesses. Source 44 provides a wide array of security services, including managed network and vulnerability services, risk assessments, penetration testing, and cybersecurity audits.
price ($mm)
$7.99
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/6/2020 via BNC Analysis

WELL Health Technologies Corp., will acquire Insig

See 152 Comparable Transactions
synopsis: WELL Health Technologies Corp., a company focused on modernizing clinical and digital assets within the healthcare sector, will acquire INSIG Corporation, a market leading virtual care platform in Canada. INSIG is a privately-held Canadian company engaged in developing virtual care platforms, and clinical automation software.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL is an omni-channel digital health company whose overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. "
 target: Insig
INSIG is a privately-held Canadian company engaged in developing virtual care platforms, and clinical automation software. INSIG has grown to serve hundreds of physicians and medical practitioners across the country, with over 500,000 patients having used the platform.
price ($mm)
$18*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2020 via PR Newswire

WELL Health Technologies Corp., acquired DoctorCare Inc.

See 99 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, has acquired DoctorCare Inc., a market leader in billing and optimization services. With the acquisition of DoctorCare, WELL has formed the WELL Billing and Backoffice Group.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
Vancouver-based WELL Health Technologies Corp is an omni-channel digital health company whose overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. "
 target: DoctorCare Inc.
Based in Toronto, DoctorCare is a technology solution provider with solutions and services that help doctors ensure they are minimizing errors, ensuring compliance with complicated medical billing claim codes, improving patient care, and growing their practice.
price ($mm)
$8.27
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
5.1x
EV / EBITDA
17.0x
announced 7/9/2020 via BNC Analysis

WELL Health Technologies Corp., will acquire Cycura Inc.

See 4833 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian omni-channel digital health company, will acquire Cycura Inc., a private Ontario corporation. Cycura's Services Division provides various cybersecurity offerings, including penetration and vulnerability testing, security focused code reviews, incident response services, cybersecurity training, and more.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL is an omni-channel digital health company. WELL owns and operates 20 primary healthcare medical clinics, is Canada's third largest Electronic Medical Records supplier, operates a leading national telehealth service, and is a provider of digital health technology solutions. "
 target: Cycura Inc.
Cycura is a global firm employing an industry-leading team of security experts. The company's cybersecurity offerings include penetration and vulnerability testing, security focused code reviews, incident response services, cybersecurity M&A advisory and technical due diligence services, and more.
price ($mm)
$1.88
rev ($mm)
$1
EBITDA ($mm)
EV / rev
1.5x
EV / EBITDA
closed 6/1/2020 via PR Newswire

WELL Health Technologies Corp., acquired Indivica Inc.

See 1052 Comparable Transactions
synopsis: WELL Health Technologies, a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, has completed the acquisition of Indivica Inc., a provider of fully hosted Electronic Medical Records (EMR) software and services to 390 clinics serving over 2,000 physicians and medical practitioners in Ontario.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL is a unique company that operates Primary Healthcare Facilities as well as a significant EMR or Electronic Medical Records business that supports the digitization of such clinics. WELL owns and operates 20 medical clinics, is a majority owner of SleepWorks Medical. "
 target: Indivica Inc.
Indivica is a provider of fully hosted EMR (Electronic Medical Records) software and services and is based out of Toronto. The company's IndiviCare 4 product provides services for Appointment Notifications, Patient Communications, Inter-Clinic Data Sharing, and a Hot Standby backup EMR for free.
price ($mm)
$3.52
rev ($mm)
$1
EBITDA ($mm)
EV / rev
3.4x
EV / EBITDA
announced 2/12/2020 via BNC Analysis

WELL Health Technologies Corp., will acquire MedBASE Software Inc.

See 374 Comparable Transactions
synopsis: WELL Health Technologies Corp., a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, will acquire MedBASE Software Inc. MedBASE has been helping Ontario physicians submit billings to the Ministry of Health for 25 years.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL is a unique company that operates Primary Healthcare Facilities as well as a significant EMR or Electronic Medical Records business that supports the digitization of such clinics. WELL owns and operates 20 medical clinics, is a majority owner of SleepWorks Medical. "
 target: MedBASE Software Inc.
MedBASE is a trusted provider of software solutions that empower Ontario physicians including OSCAR EMR Services. MedBASE has been helping Ontario physicians submit billings to the Ministry of Health for 25 years.
price ($mm)
$0.37
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/22/2019 via BNC Analysis

WELL Health Technologies Corp., will acquire Trinity Healthcare Technologies

See 127 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, will acquire Trinity Healthcare Technologies, a provider of Open Source Clinical Application Resource (OSCAR) based Electronic Medical Records software and services based in Ontario.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health Technologies Corp. operates Primary Healthcare Centres as well as a significant Electronic Medical Records (EMR) business that supports the digitization of clinics. WELL owns and operates nineteen medical clinics and provides digital EMR software and services to clinics across Canada. "
 target: Trinity Healthcare Technologies
Ontario-based Trinity Healthcare Technologies (THT) is a provider of Open Source Clinical Application Resource (OSCAR) based Electronic Medical Records software and services. THT's solutions digitize the communication and workflow between a physician's office and the rest of the healthcare system.
price ($mm)
$4.62
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/31/2019 via Company Press Release

WELL Health Technologies Corp., will acquire KAI Innovations Inc.

See 92 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Vancouver-based company operating in healthcare, has agreed to acquire KAI Innovations. KAI, based in Ontario, has the third largest electronic medical record (EMR) user base in the province and is the largest provider of Open Source Clinical Application Resource EMR services to healthcare clinics in Canada.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
Canada-based WELL Health Technologies Corp. operates Primary Healthcare Facilities and an electronic medial record business that supports the digitization of clinics. WELL's objective is to empower doctors to provide the best advanced care possible leveraging the latest trends in digital health. "
 target: KAI Innovations Inc.
Canada-based KAI Innovations has the third largest electronic medical record (EMR) user base in Ontario and is the largest provider of Open Source Clinical Application Resource (OSCAR) EMR services in Canada. KAI founded the OSCAR clinic at McMaster University Department of Family Medicine.
price ($mm)
$7.99
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.1x
EV / EBITDA
announced 5/23/2019 via BNC Analysis

WELL Health Technologies Corp., will acquire OSCARprn

See 1052 Comparable Transactions
synopsis: WELL Health Technologies Corp., a company that operates Primary Healthcare Facilities as well as an EMR business, will be acquiring OSCARprn, a trusted provider of EMR software, support and other services that work with OSCAR, an open source EMR platform.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health Technologies Corp. is a company that operates Primary Healthcare Facilities as well as an EMR business that supports the digitization of such clinics. WELL's objective is to empower doctors to provide the best advanced care possible leveraging the latest trends in digital health. "
 target: OSCARprn
OSCARprn is a trusted provider of EMR software, support and other services that work with OSCAR, an open source EMR platform developed by McMaster University in Hamilton, Ontario. OSCARprn is one of only three Chartered OSCAR providers in the province of British Columbia.
price ($mm)
$0.65
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/14/2018 via PR Newswire

WELL Health Technologies Corp., will acquire NerdEMR

See 1116 Comparable Transactions
synopsis: WELL Health Technologies Corp., a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is to acquire NerdEMR, the most trusted OSCAR service provider in British Columbia. OSCAR is a complete open-source Electronic Medical Record (EMR) solution. They are based in BC, Canada.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
WELL Health Technologies Corp. is a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector. WELL owns and operates Primary Healthcare Facilities in Canada. "
 target: NerdEMR
NerdEMR is the most trusted OSCAR service provider in British Columbia. OSCAR is a complete open-source Electronic Medical Record (EMR) solution. They are based in BC, Canada.
price ($mm)
$2.07
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/15/2022 via BusinessWire

One80 Intermediaries, acquired 1.800MD

See 93 Comparable Transactions
synopsis: One80 Intermediaries, a specialty insurance broker, has acquired 1.800MD and Imhealthytoday. 1.800MD provides specialized telemedicine services for individuals, families, employers, and groups. Imhealthytoday (IHT) is a virus intelligence platform created in 2020 to address COVID‐19 health and safety issues facing large employers and schools.
buyer: One80 Intermediaries
One80 Intermediaries is a highly focused wholesale brokerage and program manager providing specialized insurance solutions throughout the US and Canada. "
 target: 1.800MD
1.800MD provides specialized telemedicine services for individuals, families, employers, and groups. Imhealthytoday (IHT) is a virus intelligence platform created in 2020 to address COVID‐19 health and safety issues facing large employers and schools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/20/2022 via PR Newswire

Quip NYC, Inc., acquired Toothpic App

See 78 Comparable Transactions
synopsis: quip has acquired Toothpic, a leading telehealth company offering teledental services and care to more than 36 million Americans through partnerships with premier dental insurers. The acquisition makes quip the first oral care company to connect at-home oral care products with preventative telehealth services and professional dental care.
buyer: Quip NYC, Inc.
quip is a modern oral health company that provides thoughtfully designed personal oral care products and professional dental care services through a digital platform that makes oral care more simple, accessible, and enjoyable. "
 target: Toothpic App
Toothpic is a leading smart dental technology company on a mission to radically transform people's oral health. Toothpic leverages technology, data and insights to deliver better care, better outcomes and a more personalized experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/13/2022 via BNC Analysis

Gympass, acquired Vitalk

See 93 Comparable Transactions
synopsis: Gympass, the corporate wellness unicorn, has announced the purchase of Vitalk, a São Paulo-based healthtech active in the corporate mental health prevention and training space. Founded by US entrepreneur Michael Kapps in 2019, Vitalk ended 2021 with a positive performance in Brazil, surpassing 220,000 individuals covered.
buyer: Gympass
Gympass is a discovery platform that empowers companies to engage their workforce in physical activity by providing access to the largest global network of workout facilities. Gympass is currently active across 14 countries and boasts more than 2,000 clients and over 50,000 gym or studio partners. "
 target: Vitalk
Vitalk is a São Paulo-based healthtech active in the corporate mental health prevention and training space. Founded by US entrepreneur Michael Kapps in 2019, Vitalk ended 2021 with a positive performance in Brazil, surpassing 220,000 individuals covered.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2022 via BusinessWire

Recuro Health, Inc., acquired WellVia

See 95 Comparable Transactions
synopsis: Recuro Health, an integrated digital health solutions company providing personalized benefits through its Digital Medical Home™, has acquired WellVia, a premier virtual health provider that remotely connects patients to board-certified physicians and behavioral health specialists.
buyer: Recuro Health, Inc.
Recuro Health delivers value throughout the healthcare ecosystem with digital solutions that respond to ongoing changes in the health care system. Recuro's holistic, integrated, and interoperable solutions create a personalized digital medical home that results in better outcomes and lower costs. "
 target: WellVia
WellVia is a premier tech enabled virtual healthcare services company providing comprehensive and integrated healthcare solutions via its technology platform. WellVia provides access to virtual medical, behavioral health, and specialist care via telephone, secure video or the WellVia Mobile App.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2022 via Company Press Release

Doktor.se, acquired Kollarna.se

See 93 Comparable Transactions
synopsis: Doktor.se, one of Sweden's largest company in digiphysical care, has acquired Kollarna.se, a provider of online diagnosis services in Sweden. Kollarna.se enables patients to get diagnosed by a doctor without visiting a primary care center. They offer services for acne, urinary tract infection, Lyme disease, herpes, allergies, and more.
buyer: Doktor.se
Doktor.se is one of Sweden's largest company in digiphysical care. Doktor.se owns 15 physical health centres in Sweden with approximately 160,000 listed patients. They also provide services to patients worldwide through their mobile app. "
 target: Kollarna.se
Kollarna.se is a provider of online diagnosis services in Sweden. Kollarna.se enables patients to get diagnosed by a doctor without visiting a primary care center. They offer services for acne, urinary tract infection, Lyme disease, herpes, allergies, inflammation and menstruation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2022 via Company Press Release

Potomac Equity Partners, acquired U.S. Mobile Health Exams, Inc.

See 96 Comparable Transactions
synopsis: Potomac Equity Partners, LLC, a Washington, D.C.-based investment firm, announced the acquisition of U.S. Mobile Health Exams, a leading provider of mobile health testing and examination services. U.S. Mobile Health Exams specializes in occupational health tests and health screenings.
buyer: Potomac Equity Partners
Potomac Equity Partners is a Washington, D.C.-based private equity investment firm focused on providing superior equity returns through the close partnership and collaboration with its portfolio company management team members. "
 target: U.S. Mobile Health Exams, Inc.
Founded in 2011 and headquartered in Jacksonville, FL, U.S. Mobile Health Exams is a leading mobile health testing provider specializing in occupational health tests, and health screenings. The Company performs on-site health services for customers across the U.S. and in a broad range of industries
price ($mm)
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EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/10/2022 via BNC Analysis

Nurx will be merged with Thirty Madison,

See 97 Comparable Transactions
synopsis: Nurx and Thirty Madison, both of which provide specialized telehealth options, announced that they've entered into a definitive agreement to merge into a combined company under the Thirty Madison brand. Through the Nurx website and mobile app, users can get a prescription from a doctor and have their medication delivered right to their door.
buyer: Thirty Madison
Thirty Madison is the premier healthcare company for people living with chronic conditions. Their offerings include: Keeps, a men’s hair loss solution; Cove, which focuses on migraine; Evens, which treats acid reflux; and Picnic, which targets allergic rhinitis. "
 target: Nurx
At Nurx, they are making healthcare more accessible to everyone from the comfort of their home. Through their website and mobile app, users can get a prescription from a doctor and have their medication delivered right to their door.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/24/2022 via BNC Analysis

Dr.Dropin, acquired Snapmed AS

See 91 Comparable Transactions
synopsis: Dr.Dropin, an accessible and modern private health service that offers the vast majority of medical services at a fixed price, has acquired Snapmed, a global online dermatology service based in Norway.
buyer: Dr.Dropin
Dr.Dropin an accessible and modern private health service that offers the vast majority of medical services at a fixed price. They are based in Norway. "
 target: Snapmed AS
Snapmed is a global online dermatology service. They give everyone access to secure and high-quality skin care advice at unmatched convenience and affordability. They are based in Norway.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BNC Analysis

Health Connect America, acquired Georgia HOPE

See 122 Comparable Transactions
synopsis: Health Connect America has acquired Georgia HOPE (Family and Children First, LLC). Based in Dalton, Georgia, Georgia HOPE (Family and Children First, LLC) provides mental health therapy, family preservation/reunification, and substance use disorder treatment.
buyer parent: Palladium Equity Partners LLC
buyer: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement. "
 target: Georgia HOPE
Based in Dalton, Georgia, Georgia HOPE (Family and Children First, LLC) provides mental health therapy, family preservation/reunification, and substance use disorder treatment. Georgia HOPE has provided its services in the state of Georgia for over 20 years.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BNC Analysis

Health Connect America, acquired Pinnacle Family Services

See 106 Comparable Transactions
synopsis: Health Connect America has acquired Pinnacle Family Services Holdings. Pinnacle Family Services, headquartered in Raleigh, provides therapeutic foster care and periodic behavioral health services at home to youth.
buyer parent: Palladium Equity Partners LLC
buyer: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement. "
 target: Pinnacle Family Services
Raleigh-based Pinnacle Family Services is a leading provider of home- and community-based services and programs for at-risk youth and their families. Their programs include therapeutic foster care for mental health, dual diagnoses, and medically complex individuals, family preservation, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BNC Analysis

Health Connect America, acquired HEADS

See 106 Comparable Transactions
synopsis: Health Connect America has acquired HEADS (Healing Educational Alternatives for Deserving Students). Based in Plant City, Florida, HEADS provides trauma treatment to children and families. They have been committed to helping children and their families in Florida since 1992.
buyer parent: Palladium Equity Partners LLC
buyer: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement. "
 target: HEADS
Based in Plant City, Florida, HEADS (Healing Educational Alternatives for Deserving Students) provides trauma treatment to children and families. They have been committed to helping children and their families in Florida since 1992.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/14/2022 via PR Newswire

New Directions Behavioral Health, acquired Tridiuum

See 784 Comparable Transactions
synopsis: New Directions Behavioral Health, a provider of comprehensive behavioral health solutions, has acquired Tridiuum, a digital behavioral health company. Tridiuum accelerates patient access to the most appropriate care by automating behavioral health screening, triaging, matching and online scheduling through its easy-to-use system.
buyer: New Directions Behavioral Health
New Directions improves access to quality behavioral healthcare through a comprehensive suite of coordinated behavioral health services. The company supports over 15 million individuals nationally, in partnership with health plans, employers and higher education institutions. "
 target: Tridiuum
Tridiuum is a digital behavioral health company and network management partner that bridges the gap between patients, payers, and providers to improve access and follow-up care. The company's Tridiuum ONE platform powers behavioral health operations and workflows to advance patient outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/13/2022 via GlobeNewswire

LifeMD, Inc., acquired Cleared

See 93 Comparable Transactions
synopsis: LifeMD, Inc., a leading direct-to-patient telehealth company, announced it has acquired Cleared, a direct-to-consumer telehealth destination that provides end-to-end personalized care for allergy, asthma and immunology.
buyer: LifeMD, Inc. (K:CVLB:$78.35)
LifeMD, Inc. (formerly Conversion Labs) is a rapidly growing direct-to-patient telehealth company that offers cash-pay virtual medical care across all 50 states. LifeMD’s telemedicine platform enables virtual access to affordable and convenient medical treatment from licensed providers. "
 target: Cleared
Cleared is a direct-to-consumer telehealth destination that provides end-to-end personalized care for allergy, asthma and immunology.
price ($mm)
$4.43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2022 via GlobeNewswire

CloudMD Software & Services Inc., acquired MindBeacon

See 91 Comparable Transactions
synopsis: Canada-based CloudMD Software & Services Inc. has acquired MindBeacon Holdings Inc., a leading Canadian digital mental healthcare platform that provides a continuum of care, focusing on internet-based Cognitive Behavioural Therapy (iCBT), which is an effective therapy provided through a computer or a mobile device.
buyer: CloudMD Software & Services Inc. (CNSX:PHGI:$55.36)
Based in Canada, CloudMD is digitizing the delivery of healthcare by providing a patient centric approach, with an emphasis on continuity of care. The company offers SAAS based health technology solutions to healthcare providers across North America. "
 target: MindBeacon (TSX:MBCN:$15.71)
Based in Toronto, MindBeacon provides a continuum of mental healthcare that includes self-guided psychoeducational and wellness content, peer-to-peer support, therapist guided programs, and live therapy sessions all offered virtually through its secure and private platform.
price ($mm)[EV]
$92 [$51]
rev ($mm)
$16
EBITDA ($mm)
EV / rev
3.3x
EV / EBITDA
closed 11/1/2021 via GlobeNewswire

23andMe, Inc., acquired Lemonaid Health

See 98 Comparable Transactions
synopsis: 23andMe Holding Co., a leading consumer genetics and research company, announced that it has completed its previously-announced acquisition of Lemonaid Health, Inc., an on-demand platform for accessing medical care and pharmacy services online.
buyer: 23andMe, Inc. (ME:$255.10)
23andMe, Inc. is a leading personal genetics company dedicated to helping individuals understand their own genetic information through DNA analysis technologies and web-based interactive tools. The company was founded in 2006 and is based in Mountain View, California. "
 target: Lemonaid Health
Lemonaid Health is a leading innovator in telemedicine and prescription drug delivery. The Lemonaid Health platform leverages clinical algorithms to augment its experienced medical providers’ knowledge base, enabling patients to quickly, safely and inexpensively get care and prescriptions.
price ($mm)
$400
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/21/2021 via BusinessWire

Oak Street Health, Inc., acquired RubiconMD Inc.

See 93 Comparable Transactions
synopsis: Oak Street Health, Inc. has acquired RubiconMD, the leading technology platform providing access to specialist expertise. The deal enables Oak Street Health to integrate virtual specialty care into its existing care model, which significantly streamlines the referral process and better manages costs while also enhancing the patient experience.
buyer: Oak Street Health, Inc. (OSH:$1,116.37)
Oak Street Health is a network of value-based primary care centers for adults on Medicare. The company operates an innovative healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients. "
 target: RubiconMD Inc.
RubiconMD advances its mission to democratize medical expertise by connecting primary care clinicians to top specialists. Through its digital platform, RubiconMD enables the remote exchange of insights between clinicians, reduces patient wait time and travel burdens, and more.
price ($mm)
$130
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/15/2021 via GlobeNewswire

Syneos Health, acquired StudyKIK

See 24 Comparable Transactions
synopsis: Syneos Health, the only fully integrated biopharmaceutical solutions organization, announced the acquisition of StudyKIK, a leading technology-enabled clinical trial recruitment and retention company.
buyer: Syneos Health (INCR:$4,730.38)
Syneos Health is the only fully integrated biopharmaceutical solutions organization. Their company, including a Contract Research Organization (CRO) and Contract Commercial Organization (CCO), is purpose-built to accelerate customer performance to address modern market realities. "
 target: StudyKIK
StudyKIK is a leading technology-enabled clinical trial recruitment and retention company. StudyKIK supports patient recruitment, patient retention, eConsent Solutions, Telemedicine Video Calling, and study companion mobile applications to expedite clinical trials
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2021 via GlobeNewswire

Green Shield, acquired Tranquility Online

See 91 Comparable Transactions
synopsis: The Green Shield Canada (GSC) group of companies is pleased to announce its acquisition of Tranquility Online, a rapidly growing mental health platform specializing in internet-based cognitive behavioral therapy (iCBT) and mental health coaching.
buyer: Green Shield
Green Shield Canada is Canada’s fourth-largest health and dental benefits provider, and is uniquely structured as a social enterprise with the purpose of making it easier for people to live their healthiest lives. They are Canada’s only not-for-profit health and dental benefits provider. "
 target: Tranquility Online
Tranquility Online is a rapidly growing mental health platform specializing in internet-based cognitive behavioral therapy (iCBT) and mental health coaching. They are based in Halifax, Nova Scotia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2021 via PR Newswire

Sharecare, Inc., acquired CareLinx

See 79 Comparable Transactions
synopsis: Sharecare, the digital health company that helps people manage all their health in one place, has closed its acquisition of CareLinx, the nation's leading digital on-demand platform of tech-enabled care providers.
buyer: Sharecare, Inc. (NasdaqGS:SHCR:$331.76)
Sharecare is the digital health company that helps people manage all their health in one place. The Sharecare platform provides each person with a comprehensive and personalized health profile where they can dynamically and easily connect to the information. "
 target parent: The Generali Group
target: CareLinx
CareLinx is a leading nationwide, tech-enabled caregiver marketplace improving access to affordable, quality home care for families, large health systems, and insurance companies. CareLinx caregivers leverage proprietary digital care plans to better assist the elderly and disabled.
price ($mm)
$65
rev ($mm)
$5
EBITDA ($mm)
EV / rev
13.0x
EV / EBITDA
closed 8/10/2021 via Company Press Release

Palladium Equity Partners LLC, acquired Health Connect America

See 99 Comparable Transactions
synopsis: Palladium Equity Partners, LLC, a middle market private equity firm, has acquired Health Connect America, Inc., a mission-driven behavioral health services platform, from Harren Equity Partners. Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states.
buyer: Palladium Equity Partners LLC
Palladium is a middle market private equity firm with approximately $3 billion in assets under management. The firm seeks to acquire and grow companies in partnership with founders and experienced management teams by providing capital, strategic guidance and operational oversight. "
 target parent: Harren Equity Partners
target: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
closed 6/15/2022 via BusinessWire

One80 Intermediaries, acquired 1.800MD

See 93 Comparable Transactions
synopsis: One80 Intermediaries, a specialty insurance broker, has acquired 1.800MD and Imhealthytoday. 1.800MD provides specialized telemedicine services for individuals, families, employers, and groups. Imhealthytoday (IHT) is a virus intelligence platform created in 2020 to address COVID‐19 health and safety issues facing large employers and schools.
buyer: One80 Intermediaries
One80 Intermediaries is a highly focused wholesale brokerage and program manager providing specialized insurance solutions throughout the US and Canada. "
 target: 1.800MD
1.800MD provides specialized telemedicine services for individuals, families, employers, and groups. Imhealthytoday (IHT) is a virus intelligence platform created in 2020 to address COVID‐19 health and safety issues facing large employers and schools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/20/2022 via PR Newswire

Quip NYC, Inc., acquired Toothpic App

See 78 Comparable Transactions
synopsis: quip has acquired Toothpic, a leading telehealth company offering teledental services and care to more than 36 million Americans through partnerships with premier dental insurers. The acquisition makes quip the first oral care company to connect at-home oral care products with preventative telehealth services and professional dental care.
buyer: Quip NYC, Inc.
quip is a modern oral health company that provides thoughtfully designed personal oral care products and professional dental care services through a digital platform that makes oral care more simple, accessible, and enjoyable. "
 target: Toothpic App
Toothpic is a leading smart dental technology company on a mission to radically transform people's oral health. Toothpic leverages technology, data and insights to deliver better care, better outcomes and a more personalized experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/13/2022 via BNC Analysis

Gympass, acquired Vitalk

See 93 Comparable Transactions
synopsis: Gympass, the corporate wellness unicorn, has announced the purchase of Vitalk, a São Paulo-based healthtech active in the corporate mental health prevention and training space. Founded by US entrepreneur Michael Kapps in 2019, Vitalk ended 2021 with a positive performance in Brazil, surpassing 220,000 individuals covered.
buyer: Gympass
Gympass is a discovery platform that empowers companies to engage their workforce in physical activity by providing access to the largest global network of workout facilities. Gympass is currently active across 14 countries and boasts more than 2,000 clients and over 50,000 gym or studio partners. "
 target: Vitalk
Vitalk is a São Paulo-based healthtech active in the corporate mental health prevention and training space. Founded by US entrepreneur Michael Kapps in 2019, Vitalk ended 2021 with a positive performance in Brazil, surpassing 220,000 individuals covered.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2022 via BusinessWire

Recuro Health, Inc., acquired WellVia

See 95 Comparable Transactions
synopsis: Recuro Health, an integrated digital health solutions company providing personalized benefits through its Digital Medical Home™, has acquired WellVia, a premier virtual health provider that remotely connects patients to board-certified physicians and behavioral health specialists.
buyer: Recuro Health, Inc.
Recuro Health delivers value throughout the healthcare ecosystem with digital solutions that respond to ongoing changes in the health care system. Recuro's holistic, integrated, and interoperable solutions create a personalized digital medical home that results in better outcomes and lower costs. "
 target: WellVia
WellVia is a premier tech enabled virtual healthcare services company providing comprehensive and integrated healthcare solutions via its technology platform. WellVia provides access to virtual medical, behavioral health, and specialist care via telephone, secure video or the WellVia Mobile App.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2022 via Company Press Release

Doktor.se, acquired Kollarna.se

See 93 Comparable Transactions
synopsis: Doktor.se, one of Sweden's largest company in digiphysical care, has acquired Kollarna.se, a provider of online diagnosis services in Sweden. Kollarna.se enables patients to get diagnosed by a doctor without visiting a primary care center. They offer services for acne, urinary tract infection, Lyme disease, herpes, allergies, and more.
buyer: Doktor.se
Doktor.se is one of Sweden's largest company in digiphysical care. Doktor.se owns 15 physical health centres in Sweden with approximately 160,000 listed patients. They also provide services to patients worldwide through their mobile app. "
 target: Kollarna.se
Kollarna.se is a provider of online diagnosis services in Sweden. Kollarna.se enables patients to get diagnosed by a doctor without visiting a primary care center. They offer services for acne, urinary tract infection, Lyme disease, herpes, allergies, inflammation and menstruation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2022 via Company Press Release

Potomac Equity Partners, acquired U.S. Mobile Health Exams, Inc.

See 96 Comparable Transactions
synopsis: Potomac Equity Partners, LLC, a Washington, D.C.-based investment firm, announced the acquisition of U.S. Mobile Health Exams, a leading provider of mobile health testing and examination services. U.S. Mobile Health Exams specializes in occupational health tests and health screenings.
buyer: Potomac Equity Partners
Potomac Equity Partners is a Washington, D.C.-based private equity investment firm focused on providing superior equity returns through the close partnership and collaboration with its portfolio company management team members. "
 target: U.S. Mobile Health Exams, Inc.
Founded in 2011 and headquartered in Jacksonville, FL, U.S. Mobile Health Exams is a leading mobile health testing provider specializing in occupational health tests, and health screenings. The Company performs on-site health services for customers across the U.S. and in a broad range of industries
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/10/2022 via BNC Analysis

Nurx will be merged with Thirty Madison,

See 97 Comparable Transactions
synopsis: Nurx and Thirty Madison, both of which provide specialized telehealth options, announced that they've entered into a definitive agreement to merge into a combined company under the Thirty Madison brand. Through the Nurx website and mobile app, users can get a prescription from a doctor and have their medication delivered right to their door.
buyer: Thirty Madison
Thirty Madison is the premier healthcare company for people living with chronic conditions. Their offerings include: Keeps, a men’s hair loss solution; Cove, which focuses on migraine; Evens, which treats acid reflux; and Picnic, which targets allergic rhinitis. "
 target: Nurx
At Nurx, they are making healthcare more accessible to everyone from the comfort of their home. Through their website and mobile app, users can get a prescription from a doctor and have their medication delivered right to their door.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/24/2022 via BNC Analysis

Dr.Dropin, acquired Snapmed AS

See 91 Comparable Transactions
synopsis: Dr.Dropin, an accessible and modern private health service that offers the vast majority of medical services at a fixed price, has acquired Snapmed, a global online dermatology service based in Norway.
buyer: Dr.Dropin
Dr.Dropin an accessible and modern private health service that offers the vast majority of medical services at a fixed price. They are based in Norway. "
 target: Snapmed AS
Snapmed is a global online dermatology service. They give everyone access to secure and high-quality skin care advice at unmatched convenience and affordability. They are based in Norway.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BNC Analysis

Health Connect America, acquired Georgia HOPE

See 122 Comparable Transactions
synopsis: Health Connect America has acquired Georgia HOPE (Family and Children First, LLC). Based in Dalton, Georgia, Georgia HOPE (Family and Children First, LLC) provides mental health therapy, family preservation/reunification, and substance use disorder treatment.
buyer parent: Palladium Equity Partners LLC
buyer: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement. "
 target: Georgia HOPE
Based in Dalton, Georgia, Georgia HOPE (Family and Children First, LLC) provides mental health therapy, family preservation/reunification, and substance use disorder treatment. Georgia HOPE has provided its services in the state of Georgia for over 20 years.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BNC Analysis

Health Connect America, acquired Pinnacle Family Services

See 106 Comparable Transactions
synopsis: Health Connect America has acquired Pinnacle Family Services Holdings. Pinnacle Family Services, headquartered in Raleigh, provides therapeutic foster care and periodic behavioral health services at home to youth.
buyer parent: Palladium Equity Partners LLC
buyer: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement. "
 target: Pinnacle Family Services
Raleigh-based Pinnacle Family Services is a leading provider of home- and community-based services and programs for at-risk youth and their families. Their programs include therapeutic foster care for mental health, dual diagnoses, and medically complex individuals, family preservation, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BNC Analysis

Health Connect America, acquired HEADS

See 106 Comparable Transactions
synopsis: Health Connect America has acquired HEADS (Healing Educational Alternatives for Deserving Students). Based in Plant City, Florida, HEADS provides trauma treatment to children and families. They have been committed to helping children and their families in Florida since 1992.
buyer parent: Palladium Equity Partners LLC
buyer: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement. "
 target: HEADS
Based in Plant City, Florida, HEADS (Healing Educational Alternatives for Deserving Students) provides trauma treatment to children and families. They have been committed to helping children and their families in Florida since 1992.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2022 via PR Newswire

New Directions Behavioral Health, acquired Tridiuum

See 784 Comparable Transactions
synopsis: New Directions Behavioral Health, a provider of comprehensive behavioral health solutions, has acquired Tridiuum, a digital behavioral health company. Tridiuum accelerates patient access to the most appropriate care by automating behavioral health screening, triaging, matching and online scheduling through its easy-to-use system.
buyer: New Directions Behavioral Health
New Directions improves access to quality behavioral healthcare through a comprehensive suite of coordinated behavioral health services. The company supports over 15 million individuals nationally, in partnership with health plans, employers and higher education institutions. "
 target: Tridiuum
Tridiuum is a digital behavioral health company and network management partner that bridges the gap between patients, payers, and providers to improve access and follow-up care. The company's Tridiuum ONE platform powers behavioral health operations and workflows to advance patient outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/13/2022 via GlobeNewswire

LifeMD, Inc., acquired Cleared

See 93 Comparable Transactions
synopsis: LifeMD, Inc., a leading direct-to-patient telehealth company, announced it has acquired Cleared, a direct-to-consumer telehealth destination that provides end-to-end personalized care for allergy, asthma and immunology.
buyer: LifeMD, Inc. (K:CVLB:$78.35)
LifeMD, Inc. (formerly Conversion Labs) is a rapidly growing direct-to-patient telehealth company that offers cash-pay virtual medical care across all 50 states. LifeMD’s telemedicine platform enables virtual access to affordable and convenient medical treatment from licensed providers. "
 target: Cleared
Cleared is a direct-to-consumer telehealth destination that provides end-to-end personalized care for allergy, asthma and immunology.
price ($mm)
$4.43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2022 via GlobeNewswire

CloudMD Software & Services Inc., acquired MindBeacon

See 91 Comparable Transactions
synopsis: Canada-based CloudMD Software & Services Inc. has acquired MindBeacon Holdings Inc., a leading Canadian digital mental healthcare platform that provides a continuum of care, focusing on internet-based Cognitive Behavioural Therapy (iCBT), which is an effective therapy provided through a computer or a mobile device.
buyer: CloudMD Software & Services Inc. (CNSX:PHGI:$55.36)
Based in Canada, CloudMD is digitizing the delivery of healthcare by providing a patient centric approach, with an emphasis on continuity of care. The company offers SAAS based health technology solutions to healthcare providers across North America. "
 target: MindBeacon (TSX:MBCN:$15.71)
Based in Toronto, MindBeacon provides a continuum of mental healthcare that includes self-guided psychoeducational and wellness content, peer-to-peer support, therapist guided programs, and live therapy sessions all offered virtually through its secure and private platform.
price ($mm)[EV]
$92 [$51]
rev ($mm)
$16
EBITDA ($mm)
EV / rev
3.3x
EV / EBITDA
closed 11/1/2021 via GlobeNewswire

23andMe, Inc., acquired Lemonaid Health

See 98 Comparable Transactions
synopsis: 23andMe Holding Co., a leading consumer genetics and research company, announced that it has completed its previously-announced acquisition of Lemonaid Health, Inc., an on-demand platform for accessing medical care and pharmacy services online.
buyer: 23andMe, Inc. (ME:$255.10)
23andMe, Inc. is a leading personal genetics company dedicated to helping individuals understand their own genetic information through DNA analysis technologies and web-based interactive tools. The company was founded in 2006 and is based in Mountain View, California. "
 target: Lemonaid Health
Lemonaid Health is a leading innovator in telemedicine and prescription drug delivery. The Lemonaid Health platform leverages clinical algorithms to augment its experienced medical providers’ knowledge base, enabling patients to quickly, safely and inexpensively get care and prescriptions.
price ($mm)
$400
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/21/2021 via BusinessWire

Oak Street Health, Inc., acquired RubiconMD Inc.

See 93 Comparable Transactions
synopsis: Oak Street Health, Inc. has acquired RubiconMD, the leading technology platform providing access to specialist expertise. The deal enables Oak Street Health to integrate virtual specialty care into its existing care model, which significantly streamlines the referral process and better manages costs while also enhancing the patient experience.
buyer: Oak Street Health, Inc. (OSH:$1,116.37)
Oak Street Health is a network of value-based primary care centers for adults on Medicare. The company operates an innovative healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients. "
 target: RubiconMD Inc.
RubiconMD advances its mission to democratize medical expertise by connecting primary care clinicians to top specialists. Through its digital platform, RubiconMD enables the remote exchange of insights between clinicians, reduces patient wait time and travel burdens, and more.
price ($mm)
$130
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/15/2021 via GlobeNewswire

Syneos Health, acquired StudyKIK

See 24 Comparable Transactions
synopsis: Syneos Health, the only fully integrated biopharmaceutical solutions organization, announced the acquisition of StudyKIK, a leading technology-enabled clinical trial recruitment and retention company.
buyer: Syneos Health (INCR:$4,730.38)
Syneos Health is the only fully integrated biopharmaceutical solutions organization. Their company, including a Contract Research Organization (CRO) and Contract Commercial Organization (CCO), is purpose-built to accelerate customer performance to address modern market realities. "
 target: StudyKIK
StudyKIK is a leading technology-enabled clinical trial recruitment and retention company. StudyKIK supports patient recruitment, patient retention, eConsent Solutions, Telemedicine Video Calling, and study companion mobile applications to expedite clinical trials
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2021 via GlobeNewswire

Green Shield, acquired Tranquility Online

See 91 Comparable Transactions
synopsis: The Green Shield Canada (GSC) group of companies is pleased to announce its acquisition of Tranquility Online, a rapidly growing mental health platform specializing in internet-based cognitive behavioral therapy (iCBT) and mental health coaching.
buyer: Green Shield
Green Shield Canada is Canada’s fourth-largest health and dental benefits provider, and is uniquely structured as a social enterprise with the purpose of making it easier for people to live their healthiest lives. They are Canada’s only not-for-profit health and dental benefits provider. "
 target: Tranquility Online
Tranquility Online is a rapidly growing mental health platform specializing in internet-based cognitive behavioral therapy (iCBT) and mental health coaching. They are based in Halifax, Nova Scotia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2021 via PR Newswire

Sharecare, Inc., acquired CareLinx

See 79 Comparable Transactions
synopsis: Sharecare, the digital health company that helps people manage all their health in one place, has closed its acquisition of CareLinx, the nation's leading digital on-demand platform of tech-enabled care providers.
buyer: Sharecare, Inc. (NasdaqGS:SHCR:$331.76)
Sharecare is the digital health company that helps people manage all their health in one place. The Sharecare platform provides each person with a comprehensive and personalized health profile where they can dynamically and easily connect to the information. "
 target parent: The Generali Group
target: CareLinx
CareLinx is a leading nationwide, tech-enabled caregiver marketplace improving access to affordable, quality home care for families, large health systems, and insurance companies. CareLinx caregivers leverage proprietary digital care plans to better assist the elderly and disabled.
price ($mm)
$65
rev ($mm)
$5
EBITDA ($mm)
EV / rev
13.0x
EV / EBITDA
closed 8/10/2021 via Company Press Release

Palladium Equity Partners LLC, acquired Health Connect America

See 99 Comparable Transactions
synopsis: Palladium Equity Partners, LLC, a middle market private equity firm, has acquired Health Connect America, Inc., a mission-driven behavioral health services platform, from Harren Equity Partners. Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states.
buyer: Palladium Equity Partners LLC
Palladium is a middle market private equity firm with approximately $3 billion in assets under management. The firm seeks to acquire and grow companies in partnership with founders and experienced management teams by providing capital, strategic guidance and operational oversight. "
 target parent: Harren Equity Partners
target: Health Connect America
Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. Health Connect America is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

By WELL Health Technologies Corp.


read more

Ocean (EMR)

Aware MD

Doctors Services Group Ltd.

Intrahealth

Open Health Software Solutions Inc.

Adracare

Source 44 Security

Insig

DoctorCare Inc.

Cycura Inc.

Indivica Inc.

MedBASE Software Inc.

Trinity Healthcare Technologies

KAI Innovations Inc.

OSCARprn

NerdEMR

read more

1.800MD

Toothpic App

Vitalk

WellVia

Kollarna.se

U.S. Mobile Health Exams, Inc.

Nurx

Snapmed AS

Georgia HOPE

Pinnacle Family Services

HEADS

Tridiuum

Cleared

MindBeacon

Lemonaid Health

RubiconMD Inc.

StudyKIK

Tranquility Online

CareLinx

Health Connect America

Pages:  
read more

1.800MD

Toothpic App

Vitalk

WellVia

Kollarna.se

U.S. Mobile Health Exams, Inc.

Nurx

Snapmed AS

Georgia HOPE

Pinnacle Family Services

HEADS

Tridiuum

Cleared

MindBeacon

Lemonaid Health

RubiconMD Inc.

StudyKIK

Tranquility Online

CareLinx

Health Connect America

Pages:  
Geography
Matching Companies
Ticker: TSXV:WELL
 
 
 
 
 
 
 
 
WELL Health Technologies Corp.
WELL Health Technologies Corp.
WELL Health Technologies Corp. is a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector. WELL owns and operates Primary Healthcare Facilities in Canada.
year
2021
rev ($mm)
$161.14
EBITDA ($mm)
$14.90
EBIT ($mm)
($8.76)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: CNC
 
 
 
 
 
 
 
 
Centene Corporation
Centene Corporation
Centene Corporation is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. Centene Corporation provides affordable and high-quality healthcare services to members in all 50 states and around the world.
year
2020
rev ($mm)
$95,748.00
EBITDA ($mm)
$5,331.00
EBIT ($mm)
$4,247.00
Net Income ($mm)
$2,029.00
Employees
56600
  • drill down
  • watch
Ticker: NYSE:DVA
 
 
 
 
 
 
 
 
DaVita Inc.
DaVita Inc.
DaVita Inc., a Fortune 500 company, is the parent company of DaVita Kidney Care and HealthCare Partners. DaVita Kidney Care is a leading provider of kidney care in the United States, delivering dialysis services to patients with chronic kidney failure and end stage renal disease.
year
2021
rev ($mm)
$11,580.15
EBITDA ($mm)
$2,433.94
EBIT ($mm)
$1,766.61
Net Income ($mm)
$964.75
Employees
67000
  • drill down
  • watch
Ticker: MD
 
 
 
 
 
 
 
 
MEDNAX, Inc.
MEDNAX, Inc.
MEDNAX, Inc. is a national medical group that comprises the nation's leading providers of neonatal, anesthesia, maternal-fetal and pediatric medical and surgical subspecialty services. The company enhances patient outcomes and provide high-quality, cost-effective care.
year
2021
rev ($mm)
$1,796.98
EBITDA ($mm)
$214.68
EBIT ($mm)
$183.66
Net Income ($mm)
Employees
5600
  • drill down
  • watch
Ticker: OSH
 
 
 
 
 
 
 
 
Oak Street Health, Inc.
Oak Street Health, Inc.
Oak Street Health is a network of value-based primary care centers for adults on Medicare. The company operates an innovative healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients.
year
2021
rev ($mm)
$1,116.37
EBITDA ($mm)
($293.02)
EBIT ($mm)
($306.25)
Net Income ($mm)
Employees
3700
  • drill down
  • watch
Ticker: OM:AMBEA
 
 
 
 
 
 
 
 
Ambea
Ambea
Ambea is the market leading care provider in Sweden, Norway and Denmark respectively, with over 900 care units and around 26,000 employees. They offer services in disabled care, individual and family care, and elderly care with a focus on residential care and own management.
year
2019
rev ($mm)
$344.38
EBITDA ($mm)
$62.27
EBIT ($mm)
$48.99
Net Income ($mm)
$26.39
Employees
26000
  • drill down
  • watch
Ticker: CDNA
 
 
 
 
 
 
 
 
CareDx, Inc
CareDx, Inc
CareDx, Inc., headquartered in South San Francisco, California, is a leading precision medicine solutions company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers.
year
2021
rev ($mm)
$275.82
EBITDA ($mm)
($9.14)
EBIT ($mm)
($17.39)
Net Income ($mm)
Employees
466
  • drill down
  • watch
Ticker: K:CVLB
 
 
 
 
 
 
 
 
LifeMD, Inc.
LifeMD, Inc. (formerly Conversion Labs) is a rapidly growing direct-to-patient telehealth company that offers cash-pay virtual medical care across all 50 states. LifeMD’s telemedicine platform enables virtual access to affordable and convenient medical treatment from licensed providers.
year
2021
rev ($mm)
$78.35
EBITDA ($mm)
($72.54)
EBIT ($mm)
($72.96)
Net Income ($mm)
Employees
56
  • drill down
  • watch
Ticker: TSX:NHC
 
 
 
 
 
 
 
 
Northstar Healthcare Inc.
Northstar Healthcare is a full-service healthcare development and management company. With a collective leadership experience that includes developing and managing over 100 surgical centers, Northstar constantly strives to provide superior medical care and increased patient satisfaction.
year
2014
rev ($mm)
$57.93
EBITDA ($mm)
$11.61
EBIT ($mm)
$10.46
Net Income ($mm)
$3.53
Employees
74
  • drill down
  • watch
Ticker: CNSX:PHGI
 
 
 
 
 
 
 
 
CloudMD Software & Services Inc.
Based in Canada, CloudMD is digitizing the delivery of healthcare by providing a patient centric approach, with an emphasis on continuity of care. The company offers SAAS based health technology solutions to healthcare providers across North America.
year
2021
rev ($mm)
$55.36
EBITDA ($mm)
($10.57)
EBIT ($mm)
($10.89)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: OTRK
 
 
 
 
 
 
 
 
Ontrak, Inc
Ontrak is an AI and telehealth enabled, virtualized healthcare company. Its Predict-Recommend-Engage platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways for people to follow, and engages people who are not getting the care they need.
year
2020
rev ($mm)
$50.17
EBITDA ($mm)
($19.93)
EBIT ($mm)
($21.18)
Net Income ($mm)
Employees
395
  • drill down
  • watch
Ticker: TSXV:NPTH
 
 
 
 
 
 
 
 
NeuPath
NeuPath
Based in Ontario, NeuPath is a vertically integrated health care provider utilizing research, data-driven insights, technology, and interdisciplinary care to help restore function for patients impacted by chronic pain, spinal injuries, sport-related injuries, and concussions.
year
2021
rev ($mm)
$41.24
EBITDA ($mm)
$0.72
EBIT ($mm)
($0.52)
Net Income ($mm)
Employees
0
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Ticker: OTCPK:AMEH
 
 
 
 
 
 
 
 
Apollo Medical Holdings, Inc.
Apollo Medical Holdings, Inc.
ApolloMed is a leading integrated population health management company committed to providing exceptional multi-disciplinary care in the communities it serves.
year
2015
rev ($mm)
$38.80
EBITDA ($mm)
($2.92)
EBIT ($mm)
($3.19)
Net Income ($mm)
Employees
150
  • drill down
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Ticker: TSX:DRDR
 
 
 
 
 
 
 
 
MCI OneHealth
MCI OneHealth
MCI is a healthcare technology company focused on empowering patients and doctors with advanced technologies to increase access, improve quality, and reduce healthcare costs. MCI operates one of Canada’s leading primary care networks with 25 clinics and serves over 850,000 patients annually.
year
2020
rev ($mm)
$30.73
EBITDA ($mm)
($4.13)
EBIT ($mm)
($4.50)
Net Income ($mm)
Employees
340
  • drill down
  • watch
Ticker: TSXV:JNH
 
 
 
 
 
 
 
 
Jack Nathan Medical Corp.
Jack Nathan Medical Corp.
Jack Nathan Medical, operating as Jack Nathan Health, is one of Canada’s largest healthcare networks. Jack Nathan is an innovative healthcare company that is improving access for millions of patients by co-locating physician and ancillary medical services conveniently located inside Walmart stores.
year
2020
rev ($mm)
$3.11
EBITDA ($mm)
$0.44
EBIT ($mm)
$0.38
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: TSXV:WELL
 
 
 
 
 
 
 
 
WELL Health Technologies Corp.
WELL Health Technologies Corp.
WELL Health Technologies Corp. is a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector. WELL owns and operates Primary Healthcare Facilities in Canada.
year
2021
rev ($mm)
$161.14
EBITDA ($mm)
$14.90
EBIT ($mm)
($8.76)
Net Income ($mm)
Employees
0
  • drill down
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Ticker: CNC
 
 
 
 
 
 
 
 
Centene Corporation
Centene Corporation
Centene Corporation is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. Centene Corporation provides affordable and high-quality healthcare services to members in all 50 states and around the world.
year
2020
rev ($mm)
$95,748.00
EBITDA ($mm)
$5,331.00
EBIT ($mm)
$4,247.00
Net Income ($mm)
$2,029.00
Employees
56600
  • drill down
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Ticker: NYSE:DVA
 
 
 
 
 
 
 
 
DaVita Inc.
DaVita Inc.
DaVita Inc., a Fortune 500 company, is the parent company of DaVita Kidney Care and HealthCare Partners. DaVita Kidney Care is a leading provider of kidney care in the United States, delivering dialysis services to patients with chronic kidney failure and end stage renal disease.
year
2021
rev ($mm)
$11,580.15
EBITDA ($mm)
$2,433.94
EBIT ($mm)
$1,766.61
Net Income ($mm)
$964.75
Employees
67000
  • drill down
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Ticker: MD
 
 
 
 
 
 
 
 
MEDNAX, Inc.
MEDNAX, Inc.
MEDNAX, Inc. is a national medical group that comprises the nation's leading providers of neonatal, anesthesia, maternal-fetal and pediatric medical and surgical subspecialty services. The company enhances patient outcomes and provide high-quality, cost-effective care.
year
2021
rev ($mm)
$1,796.98
EBITDA ($mm)
$214.68
EBIT ($mm)
$183.66
Net Income ($mm)
Employees
5600
  • drill down
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Ticker: OSH
 
 
 
 
 
 
 
 
Oak Street Health, Inc.
Oak Street Health, Inc.
Oak Street Health is a network of value-based primary care centers for adults on Medicare. The company operates an innovative healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients.
year
2021
rev ($mm)
$1,116.37
EBITDA ($mm)
($293.02)
EBIT ($mm)
($306.25)
Net Income ($mm)
Employees
3700
  • drill down
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Ticker: OM:AMBEA
 
 
 
 
 
 
 
 
Ambea
Ambea
Ambea is the market leading care provider in Sweden, Norway and Denmark respectively, with over 900 care units and around 26,000 employees. They offer services in disabled care, individual and family care, and elderly care with a focus on residential care and own management.
year
2019
rev ($mm)
$344.38
EBITDA ($mm)
$62.27
EBIT ($mm)
$48.99
Net Income ($mm)
$26.39
Employees
26000
  • drill down
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Ticker: CDNA
 
 
 
 
 
 
 
 
CareDx, Inc
CareDx, Inc
CareDx, Inc., headquartered in South San Francisco, California, is a leading precision medicine solutions company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers.
year
2021
rev ($mm)
$275.82
EBITDA ($mm)
($9.14)
EBIT ($mm)
($17.39)
Net Income ($mm)
Employees
466
  • drill down
  • watch
Ticker: K:CVLB
 
 
 
 
 
 
 
 
LifeMD, Inc.
LifeMD, Inc. (formerly Conversion Labs) is a rapidly growing direct-to-patient telehealth company that offers cash-pay virtual medical care across all 50 states. LifeMD’s telemedicine platform enables virtual access to affordable and convenient medical treatment from licensed providers.
year
2021
rev ($mm)
$78.35
EBITDA ($mm)
($72.54)
EBIT ($mm)
($72.96)
Net Income ($mm)
Employees
56
  • drill down
  • watch
Ticker: TSX:NHC
 
 
 
 
 
 
 
 
Northstar Healthcare Inc.
Northstar Healthcare is a full-service healthcare development and management company. With a collective leadership experience that includes developing and managing over 100 surgical centers, Northstar constantly strives to provide superior medical care and increased patient satisfaction.
year
2014
rev ($mm)
$57.93
EBITDA ($mm)
$11.61
EBIT ($mm)
$10.46
Net Income ($mm)
$3.53
Employees
74
  • drill down
  • watch
Ticker: CNSX:PHGI
 
 
 
 
 
 
 
 
CloudMD Software & Services Inc.
Based in Canada, CloudMD is digitizing the delivery of healthcare by providing a patient centric approach, with an emphasis on continuity of care. The company offers SAAS based health technology solutions to healthcare providers across North America.
year
2021
rev ($mm)
$55.36
EBITDA ($mm)
($10.57)
EBIT ($mm)
($10.89)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: OTRK
 
 
 
 
 
 
 
 
Ontrak, Inc
Ontrak is an AI and telehealth enabled, virtualized healthcare company. Its Predict-Recommend-Engage platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways for people to follow, and engages people who are not getting the care they need.
year
2020
rev ($mm)
$50.17
EBITDA ($mm)
($19.93)
EBIT ($mm)
($21.18)
Net Income ($mm)
Employees
395
  • drill down
  • watch
Ticker: TSXV:NPTH
 
 
 
 
 
 
 
 
NeuPath
NeuPath
Based in Ontario, NeuPath is a vertically integrated health care provider utilizing research, data-driven insights, technology, and interdisciplinary care to help restore function for patients impacted by chronic pain, spinal injuries, sport-related injuries, and concussions.
year
2021
rev ($mm)
$41.24
EBITDA ($mm)
$0.72
EBIT ($mm)
($0.52)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: OTCPK:AMEH
 
 
 
 
 
 
 
 
Apollo Medical Holdings, Inc.
Apollo Medical Holdings, Inc.
ApolloMed is a leading integrated population health management company committed to providing exceptional multi-disciplinary care in the communities it serves.
year
2015
rev ($mm)
$38.80
EBITDA ($mm)
($2.92)
EBIT ($mm)
($3.19)
Net Income ($mm)
Employees
150
  • drill down
  • watch
Ticker: TSX:DRDR
 
 
 
 
 
 
 
 
MCI OneHealth
MCI OneHealth
MCI is a healthcare technology company focused on empowering patients and doctors with advanced technologies to increase access, improve quality, and reduce healthcare costs. MCI operates one of Canada’s leading primary care networks with 25 clinics and serves over 850,000 patients annually.
year
2020
rev ($mm)
$30.73
EBITDA ($mm)
($4.13)
EBIT ($mm)
($4.50)
Net Income ($mm)
Employees
340
  • drill down
  • watch
Ticker: TSXV:JNH
 
 
 
 
 
 
 
 
Jack Nathan Medical Corp.
Jack Nathan Medical Corp.
Jack Nathan Medical, operating as Jack Nathan Health, is one of Canada’s largest healthcare networks. Jack Nathan is an innovative healthcare company that is improving access for millions of patients by co-locating physician and ancillary medical services conveniently located inside Walmart stores.
year
2020
rev ($mm)
$3.11
EBITDA ($mm)
$0.44
EBIT ($mm)
$0.38
Net Income ($mm)
Employees
0
  • drill down
  • watch