Like Bonum Health

closed 10/29/2019 via BNC Analysis

Trxade Group Inc., acquired Bonum Health

synopsis: Trxade Group, Inc., an integrated pharma supply chain and care platform, has acquired the assets of Bonum Health, a comprehensive telemedicine and telehealth platform. Bonum Health's technology platform is designed for consumers to have provider and pharmacist tele-consults and order medications to be delivered directly to the home.
buyer: Trxade Group Inc. (OTCPK:TRXD:$7.03)
Trxade Group, Inc. is an integrated drug procurement, delivery and healthcare platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories, and services. "
target: Bonum Health
Bonum Health is a Telehealth provider that gives its members access to licensed medical doctors via phone call or video call. Bonum provides access to its platform via Web and Phone App available both on IOS and Android and can treat Primary Care, Behavioral Health, and Dermatology Conditions.
price ($mm)
$0.84
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/28/2021 via GlobeNewswire

Aquiline Capital Partners, acquired Avera eCARE

synopsis: Avera Health announced the acquisition of its telemedicine services, Avera eCare, by Aquiline Capital Partners, a private investment firm based in New York and London. As part of the acquisition, Aquiline will execute the carve-out of Avera eCare and rename the company Avel eCare.
buyer: Aquiline Capital Partners
Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in businesses across financial services and technology, business services, and healthcare. The firm had $6.4 billion in assets under management as of March 31, 2021. "
target parent: Avera Health
target: Avera eCARE
Avera eCARE, who will rename as Avel eCare, offers one of the largest and most comprehensive virtual health networks in the world – partnering with more than 600 health care systems, rural hospitals, outpatient clinics, long-term care facilities, assisted livings, and schools across the country.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 6/4/2021 via BusinessWire

Carbon Health, acquired Steady

synopsis: Carbon Health, a leading technology-enabled healthcare provider, has acquired Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. The acquisition will accelerate the rollout of Carbon Health's new primary care model.
buyer: Carbon Health
Carbon Health is a leading national healthcare provider with a mission to bring high-quality healthcare to everyone. Leveraging its unique technology platform, Carbon Health provides its patients with omnichannel care: seamless care from the same trusted providers at a wide variety of access points."
target: Steady
Steady Health is a fully integrated diabetes platform that uses data from continuous glucose monitoring devices (CGM) to provide personalized medical care. Through its platform, users can receive real-time coaching from specialists based on personal insights from CGMs to achieve meaningful goals.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 4/27/2021 via BNC Analysis

TeleMed2U, acquired Medzino United States

synopsis: Medzino, an Austin-based startup specializing in telemedicine and mail order pharmacy, announced that their US brand will be acquired by TeleMed2U, a leading telemedicine company operating out of Austin, Texas and Roseville, California. Medzino is a digital health brand offering online diagnosis, prescriptions by U.S. certified physicians.
buyer parent: Kura MD
buyer: TeleMed2U
Telemed2U is a multi-specialty technology-enabled services company that supplies its clients with real-time access to physician specialists through the use of secure state-of-the-art, audio-visual technology. "
target: Medzino United States
Medzino is an Austin-based digital health brand offering online diagnosis, prescriptions by U.S. certified physicians, and home delivery of medication across 38 US states. Following a short two-minute online consultation, patients are able to request treatment for a range of primary care issues.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/23/2021 via GlobeNewswire

Accolade, Inc., will acquire PlushCare

synopsis: Accolade, Inc., the company reinventing healthcare by helping people live their healthiest lives, will acquire PlushCare, a leading provider of virtual primary care and mental health treatment. With the acquisition, Accolade will begin offering virtual primary care and mental health consultations directly to members.
buyer: Accolade, Inc. (:$155.57)
Accolade provides personalized health and benefits solutions designed to empower every person to live their healthiest life. Accolade connects personal health data and programs to present a single point of entry to health and benefits resources while coordinating with providers. "
target: PlushCare
PlushCare is a leading virtual primary care and mental health platform that offers virtual doctor visits to patients in all 50 U.S. states. Patients are connected to the best physicians trained at a top 50 medical institution in the U.S. via desktop or mobile devices.
price ($mm)
$380
rev ($mm)
$35
EBITDA ($mm)
EV / rev
12.9x
EV / EBITDA
closed 4/12/2021 via BNC Analysis

HealthHero, acquired QARE

synopsis: HealthHero, the highly acquisitive London-based healthcare company, has acquired French telemedicine provider Qare. Qare has seen 800% growth in users in 2020 as Covid-19 caused doctors surgeries to shift to online consultations.
buyer parent: MARCOL
buyer: HealthHero
HealthHero is a European digital health company. HealthHero provides provide virtual access to doctors and expert clinicians to give patients the advice they need. They allow patients to tap into medical services 24/7 through video calls, online chats or phone calls. "
target parent: Kamet
target: QARE
Qare is a French telemedicine provider that allows patients to choose a practitioner from over 30 specialties available online. Qare has seen 800% growth in users in 2020 as Covid-19 caused doctors surgeries to shift to online consultations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/17/2021 via BusinessWire

Doctor On Demand will be merged with Grand Rounds,

synopsis: Doctor On Demand, the nation’s leading virtual care provider, will merge with Grand Rounds, a leader in healthcare quality and navigation. These two premier platforms will offer an unmatched patient and provider experience, providing a full suite of digital and interactive solutions to help address the problem of uncoordinated care in the U.S.
buyer: Grand Rounds
Grand Rounds is a new kind of healthcare company with a mission to raise the standard of healthcare for everyone, everywhere. The Grand Rounds team goes above and beyond to connect and guide people to the highest quality healthcare available for themselves and their loved ones. "
target: Doctor On Demand
Doctor On Demand is the nation’s leading virtual care provider. The company's full suite of personalized Total Virtual Care services include primary care, integrated behavioral health, everyday and urgent care, chronic condition management, and prevention.
price ($mm)
rev ($mm)
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closed 1/13/2021 via BNC Analysis

HealthHero, acquired MyClinic

synopsis: HealthHero, a European digital health company, has acquired MyClinic, a holistic telehealth service in Ireland. MyClinic offers convenient, discreet and affordable healthcare to patients in Ireland. Their platform provides access to secure online video consultations with a wide range of healthcare professionals.
buyer parent: MARCOL
buyer: HealthHero
HealthHero is a European digital health company. HealthHero provides provide virtual access to doctors and expert clinicians to give patients the advice they need. They allow patients to tap into medical services 24/7 through video calls, online chats or phone calls. "
target: MyClinic
MyClinic is a holistic telehealth service in Ireland. MyClinic offers convenient, discreet and affordable healthcare to patients in Ireland. Their platform provides access to secure online video consultations with a wide range of healthcare professionals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/5/2020 via Company Press Release

HealthHero, acquired Fernarzt

synopsis: HealthHero, a European digital health company, has acquired Fernarzt from Heartbeat Labs, a digital health platform based in Berlin. Fernarzt is a German telemedicine platform that connects doctors to patients. Fernarzt provides consulting services for general, sexual, and skin & hair health issues.
buyer parent: MARCOL
buyer: HealthHero
HealthHero is a European digital health company. HealthHero provides provide virtual access to doctors and expert clinicians to give patients the advice they need. They allow patients to tap into medical services 24/7 through video calls, online chats or phone calls. "
target parent: Heartbeat Labs
target: Fernarzt
Fernarzt is a German telemedicine platform that connects doctors to patients. Fernarzt provides consulting services for general, sexual, and skin & hair health issues. Their network of doctors provides patients with prescriptions that can either be sent to an online pharmacy or to their home.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/21/2020 via BNC Analysis

PharmEasy, will acquire Medlife International Private Limited

synopsis: PharmEasy, an online pharmacy startup based in India, will acquire Medlife. Headquartered in Bengaluru, India, Medlife provides medicines, health products, doctor consultations, and tests on its website and app. The acquisition will help PharmEasy secure its position as a market leader in India's online healthcare sector.
buyer: PharmEasy
PharmEasy is India’s leading and most trusted online healthcare aggregator. The company helps patients connect with local pharmacy stores and diagnostic centers to fulfill their medical needs. PharmEasy aims to improve the entire supply chain in the pharma sector by digitizing the entire process. "
target: Medlife International Private Limited
Medlife is India’s largest e-health platform has been focusing on delivering affordable healthcare at doorsteps to make it accessible to all. Medlife offers a range of services, including medicine home delivery, home lab tests, and online doctor consultations through its website and app.
price ($mm)
$235
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/20/2020 via BNC Analysis

Carepointe merged with US Health Systems,

synopsis: Carepointe, a healthcare technology company whose cloud-based payment systems focus on managed and value-based care, has merged with US Health Systems (USHS), a value-based population health management company. The merger of Carepointe and USHS will create Arkos Health, and they will operate as subsidiaries of the new company.
buyer: US Health Systems
US Health Systems (USHS) is a value-based population health management company. USHS processes often stop the complex cycle of patients returning to acute facilities or emergency rooms and allow the patient to remain or return to their medical home with primary care or advanced primary care. "
target parent: OnPointe
target: Carepointe
Carepointe technology solves the tough challenges of managing complex populations and integrating health service delivery. CarePointe's cloud-based payment systems focus on managed care and value-based care and have 2,500 providers across the country.
price ($mm)
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announced 7/17/2020 via BNC Analysis

Zur Rose Group AG, will acquire TeleClinic GmbH

synopsis: Zur Rose Group, Europe's largest e-commerce pharmacy and a leading medical wholesaler in Switzerland, will acquire TeleClinic, Germany's leading telemedicine provider. The acquisition of TeleClinic adds complementary telemedicine services to the Zur Rose Healthcare Ecosystem, providing seamless and personalized health journeys for consumers.
buyer: Zur Rose Group AG (SWX:ROSE:$1,442.89)
The Swiss Zur Rose Group is Europe's largest e-commerce pharmacy and one of the leading medical wholesalers in Switzerland. It also operates the leading marketplace in southern Europe for consumer health, beauty and personal care products commonly sold in pharmacies. "
target: TeleClinic GmbH
TeleClinic is the first comprehensive digital clinic in German-speaking countries and serves as the first point of contact for users in all questions relating to their health. With TeleClinic, every patient has the opportunity to be advised by German doctors via computer, app, or phone.
price ($mm)
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closed 5/20/2020 via Company Press Release

Omada Health, acquired Physera

synopsis: Omada Health, a digital care company, has acquired Physera, a leading musculoskeletal care company that delivers interventions digitally and via telehealth. Through the deal, Omada adds Physera’s musculoskeletal solution to its suite of digital care programs for the prevention and self-management of diabetes, hypertension, and mental health.
buyer: Omada Health
Omada Health is a leading digital care company that offers innovative and clinically effective digital health programs to empower individuals to engage in their health and lead healthier lives. The program is personalized to meet each participant’s unique needs as they evolve. "
target: Physera
Physera is a leading musculoskeletal care company that delivers interventions digitally and via telehealth. Their offerings include video access to a nationwide network of licensed physical therapists for diagnosis and treatment, as well as in-application animations, voice prompts, and more.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2020 via BusinessWire

Raziel Health, acquired IDEAL LIFE Inc.

synopsis: Raziel Health has acquired Ideal Life, a pioneering remote patient monitoring service with 20 years of experience managing collectively over 100,000 monitored patients. Raziel Health is the world’s first smart, fully integrated health care delivery system, delivered in the comfort and safety of the living room.
buyer: Raziel Health
Raziel Health’s mission is to bring affordable healthcare to everyone. Its integrated system combines technologies that support positive patient experience, enable timely clinical intervention, and meet individual patient goals while using data analytics to support wellness and disease management. "
target: IDEAL LIFE Inc.
Ideal Life is a Canadian company specializing in remote patient monitoring services. The company's remote patient monitoring technology tracks key health information from the home and transfers the data to the patient’s physician, allowing for appropriate care interventions and interactions.
price ($mm)
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announced 3/31/2020 via GlobeNewswire

Emerald Organic Products, Inc., will acquire Carie Health Inc.

synopsis: Emerald Organic Products Inc. will acquire Carie Health Inc., a leading telehealth and virtual care technology and service solutions company. Carie offers a fully-proprietary end-to-end telehealth solution capable of scaling up to lead America’s transition to a more consumer friendly, virtual healthcare model.
buyer: Emerald Organic Products, Inc. (OTCPK:EMOR:$0.00)
Emerald Organic Products is a diversified health sciences company focused on providing consumers with robust health and wellness offerings. Through its subsidiaries, Emerald is dedicated to both bringing to market, and improving access to, holistic and FDA-regulated products and services. "
target: Carie Health Inc.
Carie is a leading telehealth and virtual care technology and service solutions company. Carie’s HIPAA compliant virtual care platform allows its members to connect virtually with their doctor, or a local U.S. board-certified doctor 24 hours a day, 7 days a week.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/13/2020 via GlobeNewswire

TelaDoc, Inc., will acquire InTouch Health

synopsis: Teladoc Health, Inc., the global leader in virtual care, will acquire InTouch Health, the leading provider of enterprise telehealth solutions for hospitals and health systems. This acquisition positions Teladoc Health as the partner of choice for health systems seeking a single solution for their entire virtual care strategy.
buyer: TelaDoc, Inc. (TDOC:$716.29)
Teladoc Health is transforming the healthcare experience with a focus on high quality, lower costs, and improved outcomes. Telehealth Satisfaction Study, the integrated services from Teladoc Health include telehealth, expert medical services, AI and analytics, and licensable platform services. "
target parent: Galen Partners
target: InTouch Health
InTouch Health is a telehealth services company that offers healthcare providers a reliable, dedicated cloud-based network and virtual care solutions to efficiently deliver care for a broad array of use cases and healthcare environments.
price ($mm)
$600
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/18/2019 via BusinessWire

Korian, acquired Omedys

synopsis: The Korian group, the European leader in the care of the elderly and fragile, announced that it has acquired a 70% stake in Omedys, a French company specializing in telemedicine.
buyer: Korian (ENXTPA:KORI:$4,354.94)
Korian, the expert in care and support services for the elderly, manages Europe’s leading network of long-term care nursing homes, specialized clinics, assisted living facilities, home care and hospital home care services. They are based in France. "
target: Omedys
Omedys, based in France, is the first digital doctors clinic with remote teleconsultations to facilitate access to primary care in territories that lack doctors, to avoid unnecessary trips to the emergency hospital departement and to provide telemedicine support to isolated practising doctors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/14/2019 via GlobeNewswire

Premier Health Group Inc., will acquire Livecare Health Canada Inc.

synopsis: Premier Health Group, a Canadian healthcare company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, will acquire Livecare Health Canada Inc., a Canadian Telehealth company dedicated to giving patients access to quality, real-time healthcare.
buyer: Premier Health Group Inc. (CNSX:PHGI:$9.28)
Premier Health is a Canadian healthcare company focused on innovative health care approaches that combine human skill-based expertise with emerging technologies. The company develops proprietary technology to deliver healthcare through connected primary care clinics, telemedicine, and AI. "
target: Livecare Health Canada Inc.
Lifecare is a Canadian Telehealth company founded and operated by physicians dedicated to giving patients access to quality, real-time healthcare. By offering patients the option to use Telehealth, wait and travel times are decreased or eliminated, allowing for timely diagnosis and triage.
price ($mm)[EV]
$1.36 [$2.27]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/7/2019 via PR Newswire

American Well Corporation, will acquire Aligned Telehealth

synopsis: American Well, a national telehealth platform, will acquire Aligned Telehealth, a provider of behavioral telehealth and telepsychiatry services to hospitals and health plans. With the acquisition, the companies will combine services to deliver programs that healthcare professionals can leverage to address the mounting challenges in the industry.
buyer: American Well Corporation (:$249.15)
American Well is a leading telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. "
target parent: SV Health Investors
target: Aligned Telehealth
Aligned Telehealth, Inc. is a national provider of telepsychiatry services to hospitals, long-term care facilities, outpatient clinics, and correctional programs. The company provides customized programs tailored toward delivering high-quality and cost-effective behavioral health solutions.
price ($mm)
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closed 9/27/2019 via BNC Analysis

GoodRx, Inc., acquired HeyDoctor

synopsis: GoodRx, a company that offers a website that gathers current prices, powerful savings tips and valuable discounts for every prescription drug, has acquired HeyDoctor, a company that connects patients and providers over an online platform and provides advice, prescriptions, and lab results from expert doctors without requiring insurance.
buyer parent: Francisco Partners Management LLC
buyer: GoodRx, Inc.
GoodRx helps Americans save on their prescriptions. It offers a website and a mobile app that gathers current prices, powerful savings tips and valuable discounts for every prescription drug at virtually every pharmacy in the US. "
target: HeyDoctor
HeyDoctor is building a new healthcare experience that connects patients and providers over an online platform. They provide advice, prescriptions, and lab results from expert doctors without requiring insurance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/29/2019 via BNC Analysis

Trxade Group Inc., acquired Bonum Health

synopsis: Trxade Group, Inc., an integrated pharma supply chain and care platform, has acquired the assets of Bonum Health, a comprehensive telemedicine and telehealth platform. Bonum Health's technology platform is designed for consumers to have provider and pharmacist tele-consults and order medications to be delivered directly to the home.
buyer: Trxade Group Inc. (OTCPK:TRXD:$7.03)
Trxade Group, Inc. is an integrated drug procurement, delivery and healthcare platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories, and services. "
target: Bonum Health
Bonum Health is a Telehealth provider that gives its members access to licensed medical doctors via phone call or video call. Bonum provides access to its platform via Web and Phone App available both on IOS and Android and can treat Primary Care, Behavioral Health, and Dermatology Conditions.
price ($mm)
$0.84
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/29/2019 via BNC Analysis

Trxade Group Inc., acquired Bonum Health

synopsis: Trxade Group, Inc., an integrated pharma supply chain and care platform, has acquired the assets of Bonum Health, a comprehensive telemedicine and telehealth platform. Bonum Health's technology platform is designed for consumers to have provider and pharmacist tele-consults and order medications to be delivered directly to the home.
buyer: Trxade Group Inc. (OTCPK:TRXD:$7.03)
Trxade Group, Inc. is an integrated drug procurement, delivery and healthcare platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories, and services. "
target: Bonum Health
Bonum Health is a Telehealth provider that gives its members access to licensed medical doctors via phone call or video call. Bonum provides access to its platform via Web and Phone App available both on IOS and Android and can treat Primary Care, Behavioral Health, and Dermatology Conditions.
price ($mm)
$0.84
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/6/2016 via BusinessWire

Helix TCS, acquired Cannabase

synopsis: Helix TCS, the leading provider of integrated operating solutions for the legal cannabis industry, announced its acquisition of Cannabase, the oldest and largest wholesale platform in the cannabis industry. Cannabase will continue helping licensed cannabis businesses buy and sell wholesale product more efficiently and with less risk.
buyer: Helix TCS (OTCPK:HLIX:$4.47)
Helix TCS is the premier provider of integrated Operating Environments for the Legal Cannabis Industry, allowing their clients to manage risk and focus on their core business. They accomplish this through a proprietary software suite and partnership platform. "
target: Cannabase
Cannabase is an online platform connecting the cannabis community. The Cannabase Marketplace is an exclusive network for licensed cannabis businesses, featuring free unlimited access to Colorado’s leading wholesale marijuana marketplace.
price ($mm)
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closed 6/27/2018 via BNC Analysis

GlobalSpace Technologies Limited, acquired Medi-App

synopsis: GlobalSpace Technologies, a provider of sales force enhancement solutions to the Indian pharma industry, has acquired a 70.80% stake in Medi-App, an Indian mobile app that connects pharmaceutical companies, distributors, stockists, and chemists. Medi-App allows users to place orders, manage inventory, promote new products, and more.
buyer: GlobalSpace Technologies Limited (BSE:540654:$4.28)
GlobalSpace Technologies is a provider of sales force enhancement solutions to the Indian pharma industry. GlobalSpace's GloDigitAll solution supports businesses in the digitalization of their sales and marketing processes. Their GloKIOSK solution allows businesses to acquire and educate customers. "
target: Medi-App
Medi-App is an Indian mobile app that connects pharmaceutical companies, distributors, stockists, and chemists. Medi-App aims to digitalize the order procurement process at the retail level. Medi-App allows users to place orders, manage inventory, promote new products, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 12/19/2018 via Company Press Release

Change Healthcare Corporation, acquired PokitDok Inc.

synopsis: Change Healthcarehas acquired intellectual property (IP) and other key assets from PokitDok, Inc., a platform-as-a-service company for healthcare. PokitDok’s platform-as-a-service makes it faster and easier for healthcare organizations to bring new applications and services to market.
buyer parent: McKesson Corporation
buyer: Change Healthcare Corporation (CHNG:$1,646.91)
Change Healthcare is inspiring a better healthcare system. Working alongside their customers and partners, they leverage their software and analytics, network solutions, and technology-enabled services to enable better patient care, choice, and outcomes at scale. "
target: PokitDok Inc.
PokitDok’s platform-as-a-service makes it faster and easier for healthcare organizations to bring new applications and services to market. Plug directly into over 700 payers to integrate real-time, member-specific health insurance data at scale.
price ($mm)
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closed 9/16/2018 via Company Press Release

Valify, acquired Lucro Solutions

synopsis: Valify, the leading healthcare cost management company exclusively dedicated to controlling purchased services expense, announced that it has acquired Lucro Solutions, Inc., a Nashville-based digital platform for health systems to compare and select vendors.  
buyer: Valify
Valify is the only healthcare cost management company exclusively dedicated to controlling purchased services expense. Valify’s web-based technology platform allows healthcare organizations to quickly identify, benchmark, and manage savings in over 1,200 categories. "
target: Lucro Solutions
Lucro is a new marketplace designed to reinvent how buyers and sellers of innovative healthcare solutions connect. Healthcare leaders can efficiently identify, compare, collaborate and evaluate solutions among a community of industry peers and privately among trusted colleagues.
price ($mm)
rev ($mm)
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EV / EBITDA
closed 1/15/2008 via BNC Analysis

Alta Communications, acquired CompareNetworks, Inc.

synopsis: Alta Communications, a private equity firm focused on the media and telecommunications industries, acquired a controlling interest in Compare Networks.
buyer: Alta Communications
Alta Communications is a Boston-based private equity firm specializing in equity investments in media and communications companies. Alta Communications has a very successful track record and is extremely active, having invested in over 100 media and telecommunications companies. "
target: CompareNetworks, Inc.
CompareNetworks, Inc. is a leading global media company for the life science and healthcare industries. The CompareNetworks websites assist health and life science professionals in making informed purchasing decisions by offering a long-needed source of product information and industry news.
price ($mm)
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closed 5/24/2017 via Company Press Release

Great Hill Partners LLC, acquired PartsSource Inc.

synopsis: PartsSource, a leading provider of medical parts and supplies procurement solutions for hospitals, outpatient clinics, and physician offices, announced that it has been acquired by Great Hill Partners. PartsSource’s core electronic spend management platform automates the procurement process of medical parts and supplies.
buyer: Great Hill Partners LLC
Great Hill Partners is a private equity firm that has raised over $5 billion in commitments since inception to finance the expansion, recapitalization, or acquisition of growth companies in a wide range of sectors in business-to-business and business-to-consumer industries. "
target: PartsSource Inc.
PartsSource provides the medical equipment service industry with proprietary software solutions related to the acquisition and life cycle management of medical repair parts. PartsSource also created and maintains the industry’s only online, fully integrated parts procurement marketplace.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 10/29/2019 via BusinessWire

Premier, Inc., acquired MedPricer.com

synopsis: Premier Inc., a healthcare improvement company, has acquired Medpricer to optimize healthcare provider savings for purchased services contracts. Medpricer's SaaS technology solutions enable hospitals and organizations to analyze, benchmark and source purchased services contracts independent of any existing group purchasing organization affiliation.
buyer: Premier, Inc. (PINC:$1,447.29)
Premier Inc. is a leading healthcare improvement company, uniting an alliance of more than 4,000 U.S. hospitals and health systems and approximately 175,000 other providers and organizations to transform healthcare. Premier enables better care and outcomes at a lower cost. "
target parent: Telegraph Hill Partners
target: MedPricer.com
Medpricer is a software-as-a-service (SaaS) provider of technology solutions that enable hospitals and other organizations to analyze, benchmark, and source purchased services contracts independent of any existing group purchasing organization (GPO) affiliation.
price ($mm)
$35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/27/2020 via GlobeNewswire

Emerald Organic Products, Inc., will acquire Bonsa Health

synopsis: Emerald Organic Products, Inc., a diversified health sciences company, announced it will acquire a 51% controlling stake in Bonsa Health, a leading digital pharmacy capable of same day delivery of Rx medications anywhere in the United States.
buyer: Emerald Organic Products, Inc. (OTCPK:EMOR:$0.00)
Based in New York, Emerald Organic Products, Inc., is a diversified health sciences company focused on providing consumers with one of the most robust health and wellness offerings available today. "
target: Bonsa Health
Bonsa Health is a leading digital pharmacy capable of same day delivery of Rx medications anywhere in the United States. Bonsa’s HIPAA compliant platform allows patients to look up pharmacy coverage options, prescription availability and discounts before ending the doctor’s consultation.
price ($mm)
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announced 4/21/2021 via GlobeNewswire

Claren Energy Corp., will be merged with RX Live Limited

synopsis: Claren Energy Corp. has entered into a share exchange agreement with RX Live Limited whereby Claren has agreed to acquire all of the issued and outstanding shares of RX Live in a reverse takeover transaction. RXLive is a pharmaceutical app that delivers NHS prescriptions for free nationwide in the UK.
buyer: Claren Energy Corp. (TSXV:CEN:$0.00)
Claren Energy Corp is a Canada-based company engaged in the acquisition and exploration of petroleum and natural gas properties. Claren is listed on the TSX Venture Exchange and has been actively evaluating and seeking alternative business. "
target: RX Live Limited
RXLive is a pharmaceutical app that delivers NHS prescriptions for free nationwide in the UK. RX Live is one of the UK’s fastest growing digital pharmacies with over 5,000 active patients, delivering over 10,000 prescriptions per month.
price ($mm)
$12
rev ($mm)
$1
EBITDA ($mm)
EV / rev
8.8x
EV / EBITDA
announced 5/14/2013 via PR Newswire

Alternative Energy Partners, Inc., will be merged with PharmaJanes

synopsis: Alternative Energy Partners, Inc. announced that it has signed a definitive agreement to acquire the PharmaJanes™ marketing operation from iEquity Corp. and will be changing its business model to focus purely in the medical marijuana marketing space. AEGY will be changing its name to PharmaJanes, Inc.
buyer: Alternative Energy Partners, Inc. (AEGY:$0.00)
Alternative Energy Partners, Inc. trades under the symbol AEGY on the OTCBB. "
target parent: iEquity Corp
target: PharmaJanes
PharmaJanes™ allows individuals to purchase Medical Marijuana through a website and smart phone application anywhere such a transaction is legal in the United States. PharmaJanes™ thus has a unique advantage over its very limited competition.
price ($mm)
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closed 3/4/2020 via BusinessWire

Halo Labs Inc., acquired CannaLift Delivery Inc.

synopsis: Halo Labs Inc., a cannabis extraction company focused on manufacturing Cannabis oil and concentrate products, has acquired Cannalift Delivery Inc., a mobile app that makes medical cannabis products more accessible. CannaLift provides a hassle free way for users to buy medical cannabis from their local dispensaries and cannabis retail stores.
buyer: Halo Labs Inc. (OTCPK:AGEE.F:$19.57)
Halo Labs is a cannabis extraction company focused on developing and manufacturing leading Cannabis oil and concentrate products. Halo offers over 50 different products and has produced over 5 million grams of oils and concentrates since its inception. "
target: CannaLift Delivery Inc.
CannaLift Delivery Inc. is a mobile app that makes medical cannabis products more accessible. CannaLift provides a hassle free way for users to quickly and efficiently buy medical cannabis from their local dispensaries and cannabis retail stores.
price ($mm)
$2.56
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/19/2019 via BNC Analysis

McKesson Corporation, acquired Echo

synopsis: Echo, the U.K. startup that offers an app to help people manage their medication and order repeat NHS prescriptions for delivery, has been acquired by healthcare company McKesson. Echo’s mission is to remove the barriers to adherence through elegant, user-focused design & technology.
buyer: McKesson Corporation (MCK:$214,319.00)
McKesson is the oldest and largest health care company in the U.S., with operations in more than 16 countries. McKesson's pharmaceutical distribution supply chain, health care services, and medical supplies & equipment help address the challenges health care organizations face today. "
target: Echo
Echo is the U.K. startup that offers an app to help people manage their medication and order repeat NHS prescriptions for delivery. Echo’s mission is to remove the barriers to adherence through elegant, user-focused design & technology.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/5/2018 via PR Newswire

MYM Nutraceuticals Inc., will acquire Budly.com

synopsis: MYM Nutraceuticals Inc. has entered into a binding letter of intent to acquire Canada-based Budly Software Inc., a leading software company that has developed a smartphone-enabled sales and distribution system connecting medicinal cannabis patients with local dispensary drivers for fast delivery and monitoring of orders.
buyer: MYM Nutraceuticals Inc. (DB:0MY:$0.34)
MYM Nutraceuticals is an innovative company focused on acquiring Health Canada licenses to produce and sell high-end organic medicinal cannabis supplements and topical products. MYM has two production projects in Québec that when completed will have over 1.5 million square feet of production space. "
target: Budly.com
Based in Canada, Budly is the modern way for medicinal cannabis patients to get their medication quickly, safely and easily. Budly is a mobile application that enables patients to order medicinal cannabis from their local dispensary. Simply choose a dispensary, place an order, then choose a driver.
price ($mm)
$2.38
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/25/2016 via BNC Analysis

Netmeds Marketplace Limited, acquired Pluss

synopsis: Online healthcare marketplace Netmeds announced that it has acquired rival hyperlocal medicine delivery startup Pluss. Founded in 2015 by Atit Jain, Madhulika Pandey, Tarun Lawadia, Pluss is on-demand medicine delivery app which aims to standardize the medicine buying experience by simplifying the process.
buyer: Netmeds Marketplace Limited
Chennai-based Netmeds Marketplace Ltd. is one of the most heavily funded online pharmacies in the country. It was launched in 2010 with the sole aim of making the medicine buying experience less of a chore. "
target: Pluss
Founded in 2015 by Atit Jain, Madhulika Pandey, Tarun Lawadia, Pluss is on-demand medicine delivery app which aims to standardize the medicine buying experience by simplifying the process.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/8/2016 via BNC Analysis

DocPlanner, acquired Doctoralia

synopsis: DocPlanner announced it has raised $20 million in venture capital and has acquired Doctoralia.com. The company gives patients the possibility not just to search for doctors but to read other patients opinions and book appointments online with the specialist of their choice, on the web and on their mobile phone.
buyer: DocPlanner
DocPlanner enables patients to find great, local physicians online and book an appointment. Their team is carefully balanced with the best specialists in the healthcare market and experts in web development and user experience. "
target: Doctoralia
Doctoralia gives patients the possibility not just to search for doctors but to read other patients opinions and book appointments online with the specialist of their choice, on the web and on their mobile phone.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/12/2013 via BNC Analysis

DoctorPage will be merged with DocDoc,

synopsis: DocDoc Pte., Ltd. has signed a definitive merger agreement with DoctorPage. DoctorPage makes finding dentists and booking an appointment with a doctor easy, convenient and quick. DoctorPage provides patients with quick access to healthcare in Singapore.
buyer: DocDoc
DocDoc is the fastest and most convenient way for patients to find the right doctor and book an appointment online in Singapore and South Korea. DocDoc solves an age-old business problem, efficiently filling a doctor's appointment book with new and returning patients. "
target: DoctorPage
DoctorPage improves healthcare access across Asia by providing a user-friendly platform that enables patients to search and book appointments with their preferred healthcare providers in a few simple clicks.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/13/2020 via GlobeNewswire

Madison Dearborn Partners, will acquire Benefytt Technologies, Inc.

synopsis: Benefytt Technologies, Inc., a health insurance technology company and leading distributor of Medicare-related health insurance plans, will be acquired by funds affiliated with Madison Dearborn Partners, LLC, a leading private equity firm based in Chicago that has deep experience in the insurance technology and health care industries.
buyer: Madison Dearborn Partners
Madison Dearborn Partners, LLC (MDP), based in Chicago, is a leading private equity investment firm in the United States. Since MDP's formation, the firm has raised aggregate capital of over $26 billion and has completed over 140 investments. "
target: Benefytt Technologies, Inc. (HIIQ:$366.04)
Benefytt is a health insurance technology company that primarily engages in the development and operation of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems, and insurance policy administration platforms.
price ($mm)[EV]
$421 [$629]
rev ($mm)
$360
EBITDA ($mm)
$34
EV / rev
1.8x
EV / EBITDA
19.5x
closed 6/8/2020 via Company Press Release

Home Instead Senior Care UK, acquired SuperCarers Ltd.

synopsis: Home Instead Senior Care UK has acquired SuperCarers to extend its live-in care offering to enable more older people to be cared for at home. Headquartered in London, SuperCarers is an online platform and introductory service that helps connect individuals and organisations with trusted, experienced, and fully vetted carers in their area.
buyer parent: Home Instead Senior Care
buyer: Home Instead Senior Care UK
Home Instead Senior Care UK is a national home care provider specialising in care and companionship in the home for older people. They provide specialist dementia care plus live-in care, end-of-life, and respite care. Home Instead has 9000 CAREGivers looking after 14,000 elderly clients. "
target parent: Mobeus Equity Partners LLP
target: SuperCarers Ltd.
UK-based SuperCarers is an online platform and introductory service that connects individuals and organisations with fully vetted carers in their area. The company focuses on identifying skilled carers, making personalised matches, and giving users the tools to coordinate directly with their carer.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2017 via Company Press Release

HelloCare merged with Pflegix GmbH,

synopsis: The two online caregiver and helper marketplace start-ups Pflegix and HelloCare will become one company under the Pflegix brand. HelloCare entered the market in 2014 as one of the first start-ups in the attractive care sector. The company gives senior citizens and families reliable and qualified everyday helpers.
buyer: Pflegix GmbH
Pflegix is an online marketplace for caregiving, support and everyday help. Through their platform, families with elderly or dependent relatives can find qualified and individual help within a few minutes. Pflegix was founded in autumn 2016 at the University of Witten/Herdecke in Germany. "
target: HelloCare
HelloCare is an online care and support marketplace that helps users find caregivers in their cities. The company gives senior citizens and families reliable and qualified everyday helpers. The platform is particularly active in Hamburg, Germany.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/16/2011 via BusinessWire

Ebix, Inc., acquired HealthConnect Systems

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired Connecticut based HealthConnect Systems, a leading online Exchange for buyers and sellers of health insurance and employee benefits.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. "
target: HealthConnect Systems
HealthConnect is the leading online Exchange network for buyers and sellers of health insurance and employee benefits. Its multi payer portal enables medical and ancillary carriers as well as service providers to increase sales, reduce customer acquisition costs, and more.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA

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