Like Mindance GmbH

closed 4/28/2021 via Company Press Release

pme Familienservice GmbH, acquired Mindance GmbH

synopsis: The pme Familienservice Group has acquired Mindance GmbH. With the acquisition of the innovative start-up, pme is supplementing its personal coaching and training offers with digital everyday support for mental health. German start-up Mindance offers a tailor-made complete package of digitized training programs and workshops with certified coaches.
buyer: pme Familienservice GmbH
Based in Germany, the pme Familienservice Group assists working people in crises, e.g. conflicts at work, addiction or partnership problems. With a homecare eldercare service, it relieves working people in the organization and financing of care services and offers psychosocial support. "
target: Mindance GmbH
Mindance is a German startup founded in 2017 by Robin Maier, Lukas Stenzel and David Schumann. To promote the mental health of employees, Mindance offers a tailor-made complete package of digitized training programs and workshops with certified coaches.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/23/2022 via BNC Analysis

TruConnect.fit, acquired Elf at Work Ltd.

synopsis: TruConnect, a Glasgow-headquartered wellness and fitness app has acquired Olympic star Dame Kelly Holmes’s health platform, Elf at Work (Elf). Elf is a physical & mental wellbeing platform designed for the workplace to empower employees & support businesses to thrive.
buyer: TruConnect.fit
Glasgow-based TruConnect by TV.FIT is a digital workout buddy. TruConnect is a health, fitness and wellbeing community app that gives access to content from world-renowned fitness experts, athletes and celebrities. TruConnect by TV.FIT has something for everyone. "
target: Elf at Work Ltd.
Elf is a physical & mental wellbeing platform designed for the workplace to empower employees & support businesses to thrive. Elf is a white label, cross platform, digital solution that can be rolled out to employees with ease globally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2019 via BNC Analysis

Nox Medical Global, acquired FusionHealth

synopsis: Nox Medical, the Icelandic maker of sleep monitoring and diagnostics devices, and FusionHealth, have merged to become Nox Health. FusionHealth is a sleep health technology company that provides employers and healthcare systems with population-based, connected care solutions to address the central problem of poor sleep health.
buyer: Nox Medical Global
Nox Medical is the Icelandic maker of sleep monitoring and diagnostics devices. Nox Medical is an Icelandic company founded in 2006 by engineers, investors and medical professionals with extensive experience in providing industry standard solutions for sleep monitoring and diagnostics. "
target: FusionHealth
FusionHealth is a sleep health technology company that provides employers and healthcare systems with population-based, connected care solutions to address the central problem of poor sleep health.
price ($mm)
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EBITDA ($mm)
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EV / EBITDA
closed 8/22/2022 via PR Newswire

Blackbaud, Inc., acquired Kilter, Inc.

synopsis: Blackbaud, the world's leading cloud software company powering social good, has acquired Kilter, an intuitive, gamified, activity-based engagement app. The acquisition will allow Blackbaud to expand activity-based peer-to-peer fundraising engagement and support activity-based health and wellness initiatives for socially responsible companies.
buyer: Blackbaud, Inc. (BLKB:$965.67)
Blackbaud is the world's leading cloud software company powering social good. Serving the entire social good community, Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. "
target: Kilter, Inc.
Kilter is a gamified, activity-based engagement app boasting virtually limitless activity type choices. Kilter's inclusivity-first approach enables anyone, anywhere, of any ability level to support their favorite causes in customized health and wellness activity based fundraising challenges.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2021 via BusinessWire

LabCorp, acquired Ovia Health

synopsis: Labcorp, a leading global life sciences company, announced that it has acquired Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy and parenting.
buyer: LabCorp (LH:$16,388.10)
Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. "
target: Ovia Health
Ovia Health is the leading maternity and family benefits solution for employers and health plans. Their consumer apps, Ovia Fertility, Ovia Pregnancy, and Ovia Parenting, help women and families make important life and health decisions on the parenthood journey.
price ($mm)
rev ($mm)
$20
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 7/8/2020 via BNC Analysis

Humanoo, acquired wePulse

synopsis: The Berlin-based digital health platform HUMANOO has taken over the French corporate health platform wePulse. Both companies specialize in corporate health and motivate employees and policyholders across Europe to adopt a healthier lifestyle through digital reward systems and innovative gamification features.
buyer: Humanoo
With more than 300 large corporate customers, Berlin-based HUMANOO is Europe's leading company in the field of digital corporate health and dynamic premium solutions. HUMANOO offers over 1,500 coaching sessions in the areas of exercise, mindfulness and nutrition. "
target: wePulse
wePulse is a French corporate health platform that motivates employees to get moving. wePulse allows employees to digitally track their fitness and health related activity with connected devices such as Garmin, which can be rewarded with value from participating brands and communities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/12/2018 via PR Web

StayWell, acquired Provata Health

synopsis: StayWell, a health empowerment company, has acquired Provata Health, a digital health company that delivers scientifically proven population health programs that include native iOS and Android mobile apps to employers, health plans, and hospital systems. Provata Health serves 500,000 members across 1,000 worksites.
buyer parent: Merck & Co., Inc.
buyer: StayWell
StayWell is a health empowerment company that enables populations to improve health outcomes through the science of behavior change. For more than 40 years, the company has been a pioneer in employer well-being and patient education solutions that lower risks and reduce costs. "
target: Provata Health
Provata Health is a digital health company that delivers scientifically proven population health programs that include native iOS and Android mobile apps to employers, health plans, and hospital systems. Provata Health serves 500,000 members across 1,000 worksites.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2016 via BNC Analysis

Reward Gateway, acquired Yomp

synopsis: Yomp, an employee health-and-wellness platform designed to increase productivity, improve attendance and boost engagement in the workplace, has been acquired by Great Hill Partners-backed Reward Gateway.
buyer parent: Great Hill Partners LLC
buyer: Reward Gateway
Reward Gateway provides employee engagement technology to the world’s leading companies. Over 1,200 clients including American Express, Groupon, Yahoo!, IBM and McDonald’s use the company’s products to attract, engage and retain the best employees. "
target: Yomp
Yomp provides a Health & Wellbeing platform proven to increase productivity, reduce absenteeism and boost employee engagement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/5/2020 via PR Newswire

Sprout at Work, acquired Vivametrica

synopsis: Sprout, a leading global enablement solution for workplace wellbeing, has acquired Vivametrica, a Canadian predictive health data analytics company. With the acquisition, Sprout will add further health data analytics and capabilities to its wellness platform, giving Sprout the ability to deliver substantial additional value to its clients.
buyer: Sprout at Work
Toronto-based Sprout is the leading global enablement solution for workplace wellbeing. Its flexible and holistic strategy empowers organizations to embrace wellbeing by identifying and rewarding healthy behaviors. "
target: Vivametrica
Vivametrica is a Canadian health analytics company that measures and predicts health risks, outcomes, and longevity using data from personal sensors and wearables. The company allows businesses to take the insights derived from health data to use for wholistic care management and long term planning.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/29/2016 via PR Newswire

Zipongo, acquired FillMyFork

synopsis: Zipongo announced it has acquired the team and assets of FillMyFork, a provider of healthy cooking recommendations, nutrition rewards, passive tracking of grocery purchases and related analytics. The acquisition aids Zipongo in its expansion of its Food Benefits Management offering to health plans, employers and health systems.
buyer: Zipongo
Zipongo is "Eating Well Made Simple." Zipongo's platform enables digital nutrition coaching for large employers, health plans and health systems, and provides food utility tools to families that make it easier to consistently select and buy healthy food people love. "
target: FillMyFork
FillMyFork produces a phone app that helps companies and individuals track what they eat and give suggestions on how to improve their diet. Arun Nijhawan and Kartik Shastri founded FillMyFork in 2014 with a mission to help people incorporate evidence-based nutrition into their daily lives.
price ($mm)
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EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/29/2022 via GlobeNewswire

TELUS Health Solutions, acquired Sprout at Work

synopsis: TELUS Health announced it has acquired Sprout Wellness Solutions, a holistic digital health and wellness solution designed to educate, engage and inspire people to improve their health through behaviour change.
buyer parent: TELUS Corporation
buyer: TELUS Health Solutions
TELUS Health is a leader in telehomecare, electronic medical and health records, consumer health, benefits management and pharmacy management. TELUS Health solutions give health authorities, providers, physicians, patients and consumers the power to turn information into better health outcomes. "
target: Sprout at Work
Toronto-based Sprout is the leading global enablement solution for workplace wellbeing. Its flexible and holistic strategy empowers organizations to embrace wellbeing by identifying and rewarding healthy behaviors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/16/2022 via Company Press Release

Webster Bank, will acquire Bend

synopsis: Webster Financial Corporation, the holding company for Webster Bank, National Association and its HSA Bank division, announced that it has signed a definitive agreement to acquire Bend Financial, Inc., a cloud-based platform solution provider for health savings accounts (HSA).
buyer: Webster Bank (NYSE:WBS:$1,278.96)
Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. "
target: Bend
Bend is a cloud-based platform solution provider for health savings accounts (HSA). Bend's client-facing experience utilizes cloud native technology and user-centered design to offer a simplified and modern approach to HSA management and engagement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/14/2021 via BNC Analysis

Wellness Coaches USA, acquired Benovate

synopsis: Wellness Coaches, a leading provider of workplace wellness, nutrition, and injury prevention coaching, has acquired Benovate, a next generation digital health and wellness platform for the workplace. Benovate provides an interactive wellbeing platform that provides employees with health content and activities that are relevant to them.
buyer: Wellness Coaches USA
Wellness Coaches is a leading provider of workplace wellness, nutrition, and injury prevention coaching. Wellness Coaches provides personalized onsite and virtual coaching to deliver best-in-class engagement rates, risk reduction, and health improvement outcomes. "
target: Benovate
Benovate is a next generation digital health and wellness platform for the workplace. Benovate provides an interactive wellbeing platform that allows businesses to help their employees make healthy choices. The platform provides employees with health content and activities that are relevant to them.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/3/2021 via PR Newswire

Premise Health, acquired Sonic Boom Wellness

synopsis: Premise Health has acquired Sonic Boom Wellness, a leading provider of corporate wellness technology. With the acquisition, Premise can provide employers and their team members with an interactive wellness platform that complements its digital approach, increases engagement, and integrates across Premise digital and physical healthcare solutions.
buyer parent: OMERS Private Equity
buyer: Premise Health
Premise Health is the leading direct health care company. Premise partners with its clients to connect their populations to high-quality, cost-effective health care through physical (onsite and nearsite wellness centers) and digital (local and 24/7 virtual care and connected devices) access models. "
target: Sonic Boom Wellness
Sonic Boom provides a wellness platform that drives long-term behavior improvement while improving company culture and increasing employee retention. Sonic Boom's robust, comprehensive wellbeing program promotes active engagement through social connectivity and personalized programs.
price ($mm)
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EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/29/2020 via BusinessWire

Ontrak, Inc, acquired LifeDojo

synopsis: Ontrak, Inc. has acquired LifeDojo Inc, a comprehensive, science-backed behavior change platform. The acquisition of LifeDojo enhances Ontrak’s market-leading behavioral health engagement capabilities for new and existing customers, with the addition of the LifeDojo digital tools that drive member value and lower cost.
buyer: Ontrak, Inc (OTRK:$50.17)
Ontrak is an AI and telehealth enabled, virtualized healthcare company. Its Predict-Recommend-Engage platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways for people to follow, and engages people who are not getting the care they need. "
target: LifeDojo
LifeDojo is a comprehensive, science-backed behavior change platform. Supported by decades of public health research, the LifeDojo approach to member-centric behavior change delivers lasting health improvement outcomes, high enrollment, and better engagement than traditional programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/1/2020 via BNC Analysis

Wellable, will purchase Daily Challenge Product from MeYou Health

synopsis: Wellable, a wellness technology platform that enables organizations to create programs that help employees thrive, has acquired Daily Challenge from MeYou Health. Daily Challenge is a clinically validated solution that drives engagement and meaningful individual behavior change across multiple well-being activities.
buyer: Wellable
Wellable is a wellness technology platform that enables organizations to create programs that help employees thrive by engaging them in holistic educational modules and activities. Wellable supplements its digital experience with on-site services and rewards administration to maximize engagement. "
seller: MeYou Health
MeYou Health is a social well-being company dedicated to creating engaging products. Daily Challenge is a clinically validated solution that integrates behavior change and social networking science with gaming principles to drive individual behavior change across multiple well-being activities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/30/2019 via BNC Analysis

Verita Healthcare Group, acquired CelliHealth

synopsis: Verita Healthcare Group, a technology company that harnesses the power of MedTech, Analytics and AI, has acquired CelliHealth, a health technology company with a leading edge cloud-based digital healthcare services platform.
buyer: Verita Healthcare Group
Based in Singapore, Verita Healthcare Group is a technology company that harnesses the power of MedTech, Analytics and AI, Verita’s diagnostics and digital health management technologies. They create platforms for precision, preventative, patient-centric healthcare. "
target: CelliHealth
Based in Singapore, CelliHealth is a health technology company with a leading edge cloud-based digital healthcare services platform. CelliHealth enables employers to introduce preventive healthcare, foster a health conscious community and empower employees to take responsibility for their health.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/21/2018 via GlobeNewswire

RedBrick Health Corporation will be merged with Virgin Pulse,

synopsis: Virgin Pulse, a leading provider of technology solutions that promote employee engagement and wellbeing, will merge with RedBrick Health, a consumer health engagement company that helps organizations create real behavior change.
buyer parent: Virgin Group, Ltd.
buyer: Virgin Pulse
Virgin Pulse, a leading provider of technology solutions that promote employee engagement and wellbeing, and part of Sir Richard Branson’s Virgin Group, helps employers create workforces that are happier, healthier and ultimately more productive. "
target parent: Marlin Equity Partners
target: RedBrick Health Corporation
RedBrick Health is a consumer health engagement company that helps organizations create real behavior change. Their goal is to help people be healthy.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2018 via Company Press Release

Dynamic Health Strategies, Inc., acquired Integrated Wellness Solutions, LLC.

synopsis: Dynamic Health Strategies, LLC (DHS Group) is pleased to announce that it has acquired Integrated Wellness Solutions (IWS), a corporate wellness solution company that focuses on the business-to-business market.
buyer: Dynamic Health Strategies, Inc.
Dynamic Health Strategies (DHS) offers specialized healthcare benefit analysis, auditing, cost-management and reporting software and services. DHS Group’s Employer Solution tool, HealthSpective, is a data warehouse and analytics platform that integrates the full spectrum of health benefits data. "
target: Integrated Wellness Solutions, LLC.
Integrated Wellness Solutions (IWS), a corporate wellness solution company that focuses on the business-to-business market. IWS provides wellness software and is a coaching provider.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/17/2018 via Company Press Release

New Directions Behavioral Health, acquired E4 Health, Inc.

synopsis: New Directions Behavioral Health announced the acquisition of E4 Health’s assets, client base and employees. E4 helps organizations reduce their medical costs by offering ways to help individuals make healthier lifestyle choices and manage chronic illnesses.
buyer: New Directions Behavioral Health
New Directions helps provides managed behavioral health care services, an employee assistance program (EAP), student assistance program, organizational consulting, and health coaching to private and public health plans, Fortune 100 companies, large and medium employers, and labor groups. "
target: E4 Health, Inc.
E4 is revolutionizing the field of Integrated Healthcare Management through their integrated, scalable, and cost-effective solution, HealthMap. Based on clinically validated research, it combines the historically disparate products of EAP, Wellness and Care Coordination.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/28/2021 via Company Press Release

pme Familienservice GmbH, acquired Mindance GmbH

synopsis: The pme Familienservice Group has acquired Mindance GmbH. With the acquisition of the innovative start-up, pme is supplementing its personal coaching and training offers with digital everyday support for mental health. German start-up Mindance offers a tailor-made complete package of digitized training programs and workshops with certified coaches.
buyer: pme Familienservice GmbH
Based in Germany, the pme Familienservice Group assists working people in crises, e.g. conflicts at work, addiction or partnership problems. With a homecare eldercare service, it relieves working people in the organization and financing of care services and offers psychosocial support. "
target: Mindance GmbH
Mindance is a German startup founded in 2017 by Robin Maier, Lukas Stenzel and David Schumann. To promote the mental health of employees, Mindance offers a tailor-made complete package of digitized training programs and workshops with certified coaches.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/28/2021 via Company Press Release

pme Familienservice GmbH, acquired Mindance GmbH

synopsis: The pme Familienservice Group has acquired Mindance GmbH. With the acquisition of the innovative start-up, pme is supplementing its personal coaching and training offers with digital everyday support for mental health. German start-up Mindance offers a tailor-made complete package of digitized training programs and workshops with certified coaches.
buyer: pme Familienservice GmbH
Based in Germany, the pme Familienservice Group assists working people in crises, e.g. conflicts at work, addiction or partnership problems. With a homecare eldercare service, it relieves working people in the organization and financing of care services and offers psychosocial support. "
target: Mindance GmbH
Mindance is a German startup founded in 2017 by Robin Maier, Lukas Stenzel and David Schumann. To promote the mental health of employees, Mindance offers a tailor-made complete package of digitized training programs and workshops with certified coaches.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2021 via PR Newswire

Sharecare, Inc., acquired CareLinx

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 7/19/2017 via TradeArabia News Service

Emirates Hospital, acquired Mobile Doctors 24-7

synopsis: Emirates Hospital, a leading healthcare provider in the UAE offering primary and secondary care medical services, has acquired a 60% stake in Mobile Doctors 24-7. Mobile Doctors 24-7 combines telemedicine, telemonitoring and home health to provide patients with access to trained doctors for management and advice via voice/video calls and live chat.
buyer parent: KBBO Group
buyer: Emirates Hospital
Emirates Hospital, founded in 2003 is a leading healthcare provider in the UAE offering primary and secondary care medical services. They offer patients a safe and professional environment, with highly qualified nursing and technical staff who were chosen for their vast experience. "
target: Mobile Doctors 24-7
Mobile Doctors 24-7 combines telemedicine, telemonitoring and home health to provide patients with access to western trained doctors and wellness experts for healthy, acute and chronic conditions management and advice via voice/video calls, live chat as well as on-site doctor visits and clinics.
price ($mm)
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EBITDA ($mm)
EV / rev
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closed 4/6/2021 via GlobeNewswire

CloudMD Software & Services Inc., acquired Aspiria Corp.

synopsis: CloudMD, a digital healthcare technology company revolutionizing the delivery of care, has acquired Aspiria Corp., a company that provides an integrated Employee (EAP) and Student Assistance Program (SAP), that focuses on a comprehensive suite of mental health and wellness solutions for all employer and educational sectors.
buyer: CloudMD Software & Services Inc. (CNSX:PHGI:$55.36)
CloudMD is digitizing the delivery of healthcare by providing a patient centric approach, with an emphasis on continuity of care. The Company offers SAAS based health technology solutions to healthcare providers across North America. "
target: Aspiria Corp.
Aspiria Corp. is a company that provides an integrated Employee (EAP) and Student Assistance Program (SAP), that focuses on a comprehensive suite of mental health and wellness solutions for all employer and educational sectors.
price ($mm)
$1.79
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/6/2020 via GlobeNewswire

Global Care Capital Inc., will acquire Healthview Technologies Inc.

synopsis: Global Care Capital Inc., a global investment company which engages in early stage investment opportunities in private and public companies, will acquire Healthview Technologies Inc. a provider of wellness support and mental health solutions and services to both employers and employees through an online platform.
buyer: Global Care Capital Inc. (CNSX:HLTH:($0.68))
Global Care Capital is a global investment company that specializes in providing early stage financing to private and public companies. It engages in new, early stage investment opportunities in underdeveloped assets and obtaining positions in investment opportunities that reflect the risk profile. "
target: Healthview Technologies Inc.
Toronto-based Healthview aims to be a global disruptor in the mental health and wellness space. The company provides wellness and mental health support and services through an online solution and tool for both employers and employees.
price ($mm)
$1.01
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/24/2020 via BusinessWire

UpHealth Inc. will be merged with GigCapital, Inc.,

synopsis: GigCapital2, a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, announced that it has entered into a business combination agreement with UpHealth, one of the largest national and international digital healthcare providers.
buyer: GigCapital, Inc. (:KLR.ASE:$0.00)
GigCapital is a Private-to-Public Equity technology, media, and telecommunications (TMT) focused investment group. The group deploys a unique Mentor-Investors methodology to partner with exceptional TMT companies, managed by dedicated and experienced entrepreneurs. "
target: UpHealth Inc.
UpHealth is a global comprehensive digital health technology and tech-enabled services platform that empowers providers, health systems and payors globally to manage care for people with complex medical, behavioral and social needs, while dramatically improving access to primary care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 11/19/2020 via BNC Analysis

Carebook Technologies Inc., will acquire Novus Health

synopsis: Canadian digital health company Carebook Technologies will acquire Novus Health, which provides health technology products to the insurance industry. Based in Canada, Novus Health caters to insurers, financial institutions, and employers with health navigation programmes and integrated health and wellness management solutions.
buyer: Carebook Technologies Inc. (TSXV:CRBK:$2.87)
Built on a powerful health platform, Carebook creates highly engaging, customer-centric digital products for pharmacies, insurance providers, governments, businesses, and more. Carebook’s core is science and technology, and its goal is accessible, connected health for everyone. "
target: Novus Health
Based in Canada, Novus Health caters to insurers, financial institutions, and employers with health navigation programmes. Novus Health’s lead product is a cloud-based health and wellness portal that its insurance and financial institution customers offer to their clients or employees.
price ($mm)
$8.37
rev ($mm)
$3
EBITDA ($mm)
EV / rev
3.3x
EV / EBITDA
announced 11/23/2022 via BusinessWire

Inflow LTD., will acquire Lina Health

synopsis: Inflow, a Cognitive Behavioral Therapy (CBT) based self-help app, has agreed to acquire tele-health clinic Lina Health. Lina’s proprietary technology platform supports superior care outcomes at scale, incorporating data, proprietary assessment methods and a workflow automation suite.
buyer: Inflow LTD.
Inflow is a Cognitive Behavioral Therapy (CBT) based self-help app. Inflow offers a dynamic, science-based program that provides members a better understanding of themselves, access to coaching and practical tools, and opportunities to learn strategies to better self-manage their ADHD. "
target: Lina Health
Lina Health is a tele-health clinic that offers technology-forward mental health services for adults. Lina’s proprietary technology platform supports superior care outcomes at scale, incorporating data, proprietary assessment methods and a workflow automation suite.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/28/2022 via BNC Analysis

Cosmos Holdings Inc., will acquire ZipDoctor, Inc

synopsis: Cosmos Holdings, a global healthcare group, will acquire ZipDoctor Inc. from American International Holdings Corp (AMIH). ZipDoctor Inc. is a direct-to-consumer subscription-based telemedicine platform that provides customers affordable, 24/7 access to board certified physicians and licensed mental and behavioral health counselors and therapists.
buyer: Cosmos Holdings Inc. (COSM:$56.24)
Cosmos Holdings is a global healthcare group that was incorporated in 2009 and is headquartered in Chicago, Illinois. Cosmos Health is engaged in the nutraceuticals sector through its own proprietary lines of products "Sky Premium Life" and "Mediterranation." "
target parent: American International Holdings Corp.
target: ZipDoctor, Inc
ZipDoctor is a direct-to-consumer subscription-based telemedicine platform that provides customers with affordable, unlimited, 24/7 access to board certified physicians and licensed mental and behavioral health counselors and therapists.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/13/2022 via BNC Analysis

MediBuddy, acquired Clinix

synopsis: MediBuddy, India’s largest and most trusted digital healthcare platform, has acquired Clinix, an online doctor consultation platform in India. Clinix connects households to doctors to make healthcare more accessible. Their app allows users to book appointments within minutes and securely talk to their doctor via text chat, audio, or video calls.
buyer: MediBuddy
MediBuddy is India’s largest and most trusted digital healthcare platform. MediBuddy enables people to book health checks, lab tests, online consultations, order medication, and more. Their platform offers a network of 90,000 doctors, 7,000 hospitals, and,3,000 diagnostic centres in India. "
target: Clinix
Clinix an online doctor consultation platform in India. Clinix connects households to doctors to make healthcare more accessible. Their app allows users to book appointments within minutes and securely talk to their doctor via text chat, audio, or video calls.
price ($mm)
rev ($mm)
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closed 6/15/2022 via BusinessWire

One80 Intermediaries, acquired 1.800MD

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 4/4/2022 via BusinessWire

Recuro Health, Inc., acquired WellVia

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

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
announced 2/10/2022 via BNC Analysis

Nurx will be merged with Thirty Madison,

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 1/19/2022 via BNC Analysis

Health Connect America, acquired Pinnacle Family Services

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

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

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

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 11/1/2021 via GlobeNewswire

23andMe, Inc., acquired Lemonaid Health

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.

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 8/10/2021 via Company Press Release

Palladium Equity Partners LLC, acquired Health Connect America

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

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Matching Companies
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
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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
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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
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$11,580.15
EBITDA ($mm)
$2,433.94
EBIT ($mm)
$1,766.61
Net Income ($mm)
$964.75
Employees
67000
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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
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rev ($mm)
$78.35
EBITDA ($mm)
($72.54)
EBIT ($mm)
($72.96)
Net Income ($mm)
Employees
56
  • drill down
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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
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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
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$50.17
EBITDA ($mm)
($19.93)
EBIT ($mm)
($21.18)
Net Income ($mm)
Employees
395
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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
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rev ($mm)
$38.80
EBITDA ($mm)
($2.92)
EBIT ($mm)
($3.19)
Net Income ($mm)
Employees
150
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Ticker: OM:RTC
 
 
 
 
 
 
 
 
Rethinking Care AB
Rethinking Care AB
Rethinking Care introduces a holistic concept in nursing & health, based on 3 interacting spheres of activity - "Software as a service", "Care as a service" & "Health as a service", based on a high level of competence in nursing & healthcare services as well as IT tools developed for health care.
year
2016
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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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
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$1,796.98
EBITDA ($mm)
$214.68
EBIT ($mm)
$183.66
Net Income ($mm)
Employees
5600
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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
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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
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Ticker: CNSX:SCRN
 
 
 
 
 
 
 
 
ScreenPro
ScreenPro
ScreenPro provides turnkey coronavirus screening solutions to the private sector. ScreenPro has unique access to multiple manufacturers of high quality South Korean test kits and a strategic partnership with Canvas Labs in Vancouver and Integrated Explorations in Ontario.
year
2020
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
($0.04)
Net Income ($mm)
Employees
0
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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
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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: 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
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