Like Insuraco USA, L.L.C.

closed 1/30/2007 via

Precis Inc., acquired Insuraco USA, L.L.C.

synopsis: Precis Inc. announced that it has entered into a non-binding letter of intent to acquire Insuraco USA, L.L.C., a Fort Worth, Texas company providing web-based technology, specialty products and marketing for the insurance and financial services industry.
buyer: Precis Inc. (AUSA:$0.00)
Access Plans USA provides access to affordable healthcare. We develop and distribute quality affordable consumer driven healthcare programs for individuals and families, and, to a lesser extent, employer groups. "
target parent: Insurance Capital Management
target: Insuraco USA, L.L.C.
Insuraco USA provides web-based technology, specialty products and marketing for insurance and financial services. ICM's team of sales, marketing and technology professionals enable insurance, healthcare and financial service companies to improve their product distribution and marketing.
price ($mm)
$9.11
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/18/2017 via Company Press Release

FMG Suite, acquired Agency Revolution

synopsis: FMG Suite, the leading marketing software solution for financial advisors, announces the recent acquisition of Agency Revolution, the company responsible for Connect, the premier automated client communication software for insurance agents and brokers.
buyer: FMG Suite
FMG Suite is an automated marketing platform for financial professionals. FMG Suite provides an all-in-one integrated suite of marketing tools built to help financial advisers succeed. Using one platform, this helps clients build an online presence and drive new business. "
target: Agency Revolution
Agency Revolution is an insurance industry specific company. AR offers a marketing platform to help Independent Insurance Agents and Brokers automate their processes, engage their customers to build deeper, more meaningful relationships, and grow their agencies and brokerages.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/10/2021 via GlobeNewswire

IVANS Insurance Solutions, acquired Ask Kodiak

synopsis: IVANS, a division of Applied Systems, announced that it has acquired Ask Kodiak, a pioneering Insurtech offering commercial lines market appetite and search capabilities for the independent agency channel.
buyer parent: Hellman & Friedman LLC
buyer: IVANS Insurance Solutions
IVANS, a division of Applied Systems, is the insurance industry’s exchange connecting insurers, MGAs, agencies, and the insured. IVANS cloud-based software automates the distribution and servicing of insurance products. "
target: Ask Kodiak
Ask Kodiak is a pioneering Insurtech offering commercial lines market appetite and search capabilities for the independent agency channel.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/30/2021 via GlobeNewswire

Avantax, acquired GuideVine

synopsis: Avantax, the wealth management business of Blucora, Inc., a leading provider of technology-enabled, tax-focused financial solutions, has acquired GuideVine and its proven lead-generation and marketing platform. Launched in 2014, GuideVine has been used by financial professionals as a tool for converting interested prospects into clients.
buyer parent: Blucora, Inc.
buyer: Avantax
Avantax Wealth Management℠, which comprises the Wealth Management business of Blucora, Inc., offers a tax-advantaged approach for comprehensive financial planning. Through its Tax-Smart approach, Avantax Financial Professionals help clients leverage taxes to create financial growth opportunities. "
target: GuideVine
GuideVine Technologies enables financial services firms to better connect to prospects and serve clients through their Enterprise-level SaaS products. GuideVine offers conversion-focused platforms and tools designed to organically grow clients, increase marketing ROI and optimize marketing budgets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/24/2020 via GlobeNewswire

Zywave, Inc, acquired Insurance Technologies Corporation

synopsis: Insurance technology provider, Zywave, announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating, and management software and services to the insurance industry.
buyer parent: Clearlake Capital Group, L.P.
buyer: Zywave, Inc
Zywave leads the insurance tech industry, fueling business growth for its partners with cloud-based sales management, client delivery, content, and analytics solutions. Zywave offers a technology platform embedded with robust data and the most comprehensive content portfolio available. "
target parent: Accel-KKR
target: Insurance Technologies Corporation
Insurance Technologies Corporation (ITC) provides websites, agency marketing, comparative rating, and management software and services to the insurance industry. ITC helps its clients grow their businesses and become more efficient through the philosophy of providing quality software and services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 4/4/2018 via PE Hub

Accel-KKR, acquired Insurance Technologies Corporation

synopsis: Carrollton, Texas-based ITC, a provider of websites, agency marketing, comparative rating and management software and services, announced that it has received a majority equity investment from Accel-KKR, a leading technology-focused private equity firm.
buyer: Accel-KKR
Accel-KKR is a technology-focused investment firm with $4.3 billion in capital commitments. The firm focuses on software and IT-enabled businesses well-positioned for topline and bottom-line growth. "
target: Insurance Technologies Corporation
The Insurance Technologies Corporation (“ITC”), based in Carrollton, TX, provides a national comparative rating network, agency management software, websites and agency marketing software to the insurance industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/16/2021 via GlobeNewswire

EverQuote, acquired Policy Fuel, LLC

synopsis: EverQuote, Inc. has acquired PolicyFuel, LLC and its affiliated entities. PolicyFuel operates in property and casualty (“P&C”) insurance verticals, providing policy-sales-as-a-service offerings to its carrier clients. The acquisition will enable EverQuote to expand its range of products offered to support the growth of its P&C carrier partners.
buyer: EverQuote (EVER:$369.39)
EverQuote operates a leading online insurance marketplace, connecting consumers with insurance providers. The company's mission is to empower insurance shoppers to better protect life's most important assets—their family, property, and future. "
target: Policy Fuel, LLC
PolicyFuel offers scalable solutions for customer acquisition in the insurance industry. Its marketing, sales, and technology utilities are each designed to give its customers a measurable and material advantage that results in high lifetime value customers at an optimal customer acquisition cost.
price ($mm)
$16
rev ($mm)
$10
EBITDA ($mm)
EV / rev
1.6x
EV / EBITDA
closed 6/9/2021 via PR Newswire

Broadridge Financial Solutions, Inc., acquired AdvisorStream

synopsis: Broadridge Financial Solutions, Inc., a global Fintech leader, announced that it has acquired AdvisorStream, a leading provider of digital engagement and marketing solutions for the global wealth and insurance industries.
buyer: Broadridge Financial Solutions, Inc. (BR:$4,824.00)
Broadridge Financial Solutions, a global Fintech leader with over $4.5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. "
target: AdvisorStream
AdvisorStream is a leading provider of digital engagement and marketing solutions for the global wealth and insurance industries. AdvisorStream's leading advisor marketing platform enables advisors to drive revenue and growth by providing personalized and consistent client communications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/3/2020 via PR Newswire

Bold Penguin, acquired xagent

synopsis: Bold Penguin has acquired xagent, a multi-quote platform for standard and surplus lines business insurance market. The acquisition enables Bold Penguin to better serve Insurance Carriers, Brokers, and Agents through increased scale and a single choice in the market, while maintaining its commitment to simplifying the commercial insurance process.
buyer: Bold Penguin
Bold Penguin is an insurance company that connects businesses, agents, and carriers to the most appropriate commercial insurance quotes. Bold Penguin upgrades the user experience for businesses by creating an easy tool for agents and offering a streamlined process of underwriting for carriers. "
target: xagent
xagent is an insurtech company that provides an online solution for quoting and binding property and casualty insurance. xagent provides a truly independent single-entry multi-quote exchange for standard and surplus lines business insurance in all 50 states.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/7/2018 via BusinessWire

QuinStreet, Inc., purchased Insurance, Mortgage and Technology Assets from Katch

synopsis: QuinStreet, one of the largest internet performance marketing and media companies in the world, has acquired the auto insurance, home insurance, mortgage, and technology assets of Katch, an advertising technology company.
buyer: QuinStreet, Inc. (QNST:$502.99)
QuinStreet is one of the largest internet performance marketing and media companies in the world, and is committed to providing consumers and businesses with information on select products, services, and brands that meet their needs. "
seller: Katch
The acquisition includes the auto insurance, home insurance, mortgage, and technology assets of Katch, an advertising technology company that enables brands to target and bid on vertically-focused, in-market website visitors as they shop online.
price ($mm)
$14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/2/2021 via GlobeNewswire

Centerfield Media, acquired Datalot Inc.

synopsis: Centerfield, a premier technology service for digital customer acquisition, has acquired Datalot, a leading digital marketing solution for auto, home, health and Medicare insurance companies. Datalot's digital marketing solutions and technology platform deliver over 10 million qualified consumers to over 40 leading insurance carriers each year.
buyer parent: Platinum Equity, LLC
buyer: Centerfield Media
Centerfield is a technology-driven marketing and customer acquisition company driving millions for sales for telecommunications brands. Centerfield's marketing and sales technology platform, Dugout, engages with in-market consumers to help them purchase internet, TV, wireless, and landline. "
target parent: Lightyear Capital
target: Datalot Inc.
Datalot is a full-stack marketing and analytics platform built to address the digital distribution needs of the insurance industry. Datalot creates customized marketing campaigns for transaction-ready consumers across digital & mobile that allow carriers to easily manage inbound customer flow.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/11/2017 via PE Hub

Lightyear Capital LLC, acquired Datalot Inc.

synopsis: Lightyear Fund IV, L.P., a fund managed by Lightyear Capital LLC acquired a majority stake in Datalot Inc. Datalot has built a new telephony platform specialized for converting mobile and web traffic into qualified, live phone interactions.
buyer: Lightyear Capital LLC
Lightyear Capital is a financial services-focused private equity firm based in New York. Lightyear, through its affiliated private equity funds, makes primarily control investments in North America-based, middle-market financial services companies. "
target: Datalot Inc.
Focused on serving the insurance industry, Datalot offers a self-serve solution for insurance carriers and agents to access transaction-ready consumers via live qualified calls and achieve complete customer attribution and visibility throughout the sales cycle.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2020 via PR Newswire

Clearlake Capital Group, L.P., acquired Zywave, Inc

synopsis: Clearlake Capital Group, L.P. has acquired Zywave, Inc., the leading Software-as-a-Service (SaaS) provider of front office insurance solutions, from Aurora Capital Partners. Zywave is a market-leading provider of cloud-based insurance distribution software, offering expansive digital solutions to strengthen and grow insurance businesses.
buyer: Clearlake Capital Group, L.P.
Clearlake Capital Group, L.P. is a leading private investment firm. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach. "
target parent: Aurora Capital Group
target: Zywave, Inc
Zywave is a leading insurance tech company, fueling business growth with cloud-based sales management, client delivery, content, and analytics solutions. Zywave offers a technology platform embedded with robust data and the most comprehensive content portfolio available.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/21/2021 via BusinessWire

Majesco, acquired Loss Control 360

synopsis: Majesco, a global provider of cloud insurance platform software, announced the acquisition of Utilant, a U.S. based InsurTech company providing the industry-leading survey management SaaS product suite for Loss Control and Premium Audit surveys and artificial intelligence (AI)/machine learning (ML) data and analytics.
buyer: Majesco (:$146.45)
Majesco provides technology, expertise, and leadership that helps insurers modernize, innovate, and connect to build the future of their business at speed and scale. The company's platforms connect people and businesses to insurance in innovative, hyper-relevant, compelling, and personal ways. "
target: Loss Control 360
Utilant’s Loss Control 360 is the “best-in-class” Loss Control Survey Management SaaS Platform for Loss Control and Premium Audit surveys, driving predictive risk insights for Property & Casualty Insurance Carriers and Top Risk Engineering Companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2019 via PR Newswire

Jack Henry & Associates, Inc., acquired Geezeo

synopsis: Jack Henry & Associates, Inc., a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced the acquisition of Geezeo, a Boston-based provider of retail and business digital financial management solutions.
buyer: Jack Henry & Associates, Inc. (JKHY:$1,714.10)
Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Their customers are marketed and supported through three primary brands: Jack Henry Banking®, Symitar®, and ProfitStars®. "
target: Geezeo
Geezeo is a fin-tech firm that enhances the digital banking experience via its digital financial management solutions. Purposely integrated within an institution's online platform, Geezeo helps consumers and businesses gain more financial control, better manage finances and reduce banking friction.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/3/2018 via BusinessWire

Q2 Software, Inc., acquired Gro Solutions

synopsis: Q2 Holdings, Inc., a leading provider of digital banking and lending solutions, announced its acquisition of Atlanta-based Gro Solutions, a provider of industry-leading account opening and digital sales and marketing solutions for financial institutions.
buyer: Q2 Software, Inc. (QTWO:$276.66)
Q2 is a leading provider of secure, experience-driven digital banking solutions headquartered in Austin, Texas. Q2 provides the industry’s most comprehensive digital banking platform, enriched through actionable data insights, open development tools and an evolving fintech ecosystem. "
target: Gro Solutions
Gro Solutions is a provider of industry-leading account opening and digital sales and marketing solutions for financial institutions. The Gro platform enables customers to make personalized recommendations and cross-sell products—from deposit accounts to loans for both retail and business clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2021 via Company Press Release

Apex Group Ltd, acquired Senasen Group Ltd.

synopsis: Apex Group Ltd., a global financial services provider, announced the acquisition of Senasen, a unique digital marketing platform provider designed to connect Limited Partners and General Partners and support the capital raising process.
buyer: Apex Group Ltd
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 47 offices worldwide and over 4,500 employees, Apex delivers a full suite of services to asset managers, capital markets, family offices and corporates. "
target: Senasen Group Ltd.
Senasen Group Ltd. is a unique digital marketing platform provider designed to connect Limited Partners and General Partners and support the capital raising process.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/7/2019 via BNC Analysis

Awardit AB (publ), will acquire Market2Member AB

synopsis: Awardit, a provider of loyalty solutions in Sweden, will acquire Market2Member, a Swedish provider of loyalty solutions. Based on a SaaS model, Market2Member operates loyalty and bonus programs for partners, such as credit card companies, banks and membership clubs.
buyer: Awardit AB (publ) (OM:AWRD:$24.50)
Awardit is a provider of loyalty solutions in Sweden. Awardit helps companies increase their revenue by implementing loyalty programs aimed at consumer and businesses customers. Their solutions include customer clubs, loyalty programs, sales motivation programs, and digital scoring currencies. "
target: Market2Member AB
Market2Member is a Swedish provider of loyalty solutions. Based on a SaaS model, Market2Member operates loyalty and bonus programs for partners, such as credit card companies, banks and membership clubs. Their platform allows users to offer cash rewards from a network of over 500 merchants.
price ($mm)
$0.99
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/27/2019 via BusinessWire

HT Mobile Apps, acquired Hip Pocket

synopsis: HT Mobile Apps, an innovative FinTech company serving banks and credit unions across the country, announced that it has acquired Hip Pocket™, a platform that engages mobile and website visitors by using social influence and personalized consultation to generate new, qualified mortgage and retirement leads.
buyer: HT Mobile Apps
Michigan-based HT Mobile Apps is an innovative FinTech company serving banks and credit unions across the country to easily and cost-effectively introduce new services for attracting and retaining customers. "
target: Hip Pocket
Hip Pocket™ is a platform that engages mobile and website visitors by using social influence and personalized consultation to generate new, qualified mortgage and retirement leads.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/10/2019 via BNC Analysis

Meniga, acquired Wrapp

synopsis: Meniga, an Icelandic provider of digital banking tech, has acquired Stockholm-based rewards platform, Wrapp. Wrapp is The New Standard of transaction-driven marketing (TDM). Ending an era of spam and out-dated loyalty cards, users connect their payment cards to Wrapp and get cash-back in return.
buyer: Meniga
Meniga is the European market leader of white-label Personal Finance Management (PFM) and next-generation online banking solutions. Meniga’s award winning solution helps multiple retail banks across the world create mutually beneficial digital relationships with their customer. "
target parent: Nordea
target: Wrapp
Wrapp is The New Standard of transaction-driven marketing (TDM). Ending an era of spam and out-dated loyalty cards, users connect their payment cards to Wrapp and get cash-back in return.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/30/2007 via

Precis Inc., acquired Insuraco USA, L.L.C.

synopsis: Precis Inc. announced that it has entered into a non-binding letter of intent to acquire Insuraco USA, L.L.C., a Fort Worth, Texas company providing web-based technology, specialty products and marketing for the insurance and financial services industry.
buyer: Precis Inc. (AUSA:$0.00)
Access Plans USA provides access to affordable healthcare. We develop and distribute quality affordable consumer driven healthcare programs for individuals and families, and, to a lesser extent, employer groups. "
target parent: Insurance Capital Management
target: Insuraco USA, L.L.C.
Insuraco USA provides web-based technology, specialty products and marketing for insurance and financial services. ICM's team of sales, marketing and technology professionals enable insurance, healthcare and financial service companies to improve their product distribution and marketing.
price ($mm)
$9.11
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/30/2007 via

Precis Inc., acquired Insuraco USA, L.L.C.

synopsis: Precis Inc. announced that it has entered into a non-binding letter of intent to acquire Insuraco USA, L.L.C., a Fort Worth, Texas company providing web-based technology, specialty products and marketing for the insurance and financial services industry.
buyer: Precis Inc. (AUSA:$0.00)
Access Plans USA provides access to affordable healthcare. We develop and distribute quality affordable consumer driven healthcare programs for individuals and families, and, to a lesser extent, employer groups. "
target parent: Insurance Capital Management
target: Insuraco USA, L.L.C.
Insuraco USA provides web-based technology, specialty products and marketing for insurance and financial services. ICM's team of sales, marketing and technology professionals enable insurance, healthcare and financial service companies to improve their product distribution and marketing.
price ($mm)
$9.11
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/28/2005 via BusinessWire

MedivoxRx Technologies, Inc., acquired Interim Health Care of Wyoming

synopsis: Wizzard Software announced today that it is in the final stages of its document preparation and due diligence review to acquire the assets of Interim Health Care of Wyoming, a home health care franchise agency, for its MedivoxRx Technologies subsidiary.
buyer parent: Wizzard Software Corporation
buyer: MedivoxRx Technologies, Inc.
Founded in 2000 by Anthony Mariano, Randy Allnatt, Thomas Mariano and Aimee Ward, MedivoxRx Technologies is based in Pittsford, NY and offers prescription medication bottles which "talk" to the patient allowing them to distinguish what type of medication is in the bottle and information on the dosa "
target: Interim Health Care of Wyoming
Interim HealthCare of Wyoming(R) was founded as a franchise office by registered nurse, Brenda Mosher, in 1991. With a heart for home health care, Brenda has worked alongside her staff for over twelve years to grow the largest home health care agency in central Wyoming. Interim works on the cutting
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/29/2019 via BNC Analysis

Healthians, acquired HealthLabs.com

synopsis: Healthians, India's largest at home health tests offering a wide range of online blood test, has acquired HealthLabs.com, a company that offers customers affordable lab testing online. The online lab testing provider works with thousands of trusted CLIA-certified labs.
buyer: Healthians
Healthians is India's largest at home health tests offering a wide range of online blood test in more than 30 cities of India. They also offer all kinds of pathology tests including blood, urine, and other lab tests with free sample collection from home. "
target: HealthLabs.com
HealthLabs.com has been offering customers affordable lab testing online. The online lab testing provider works with thousands of trusted CLIA-certified lab locations across the United States, making inexpensive laboratory testing a convenient option.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2020 via BNC Analysis

Anthem, Inc., acquired Beacon Health Options

synopsis: Anthem, Inc. has acquired Beacon Health Options, the largest independently held behavioral health organization in the country serving more than 36 million people across all 50 states. The acquisition allows Anthem to combine its behavioral health capabilities with Beacon’s successful model and support services to enhance whole person care.
buyer: Anthem, Inc. (ANTM:$121,868.00)
Anthem is a leading health benefits company dedicated to improving lives and communities, and making healthcare simpler. Through its affiliated companies, Anthem serves more than 79 million people, including 41 million within its family of health plans. "
target: Beacon Health Options
Beacon Health Options is a health improvement company that serves 50 million individuals across the U.S. and UK. On behalf of employers, health plans, and government agencies, Beacon manages innovative programs and solutions that directly address the challenges behavioral health care system faces.
price ($mm)
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
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 7/28/2021 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)
EV / rev
EV / EBITDA
announced 6/10/2021 via BusinessWire

NeuPath, will acquire KumoCare, Inc.

synopsis: Ontario-based NeuPath Health Inc., owner and operator of a network of clinics that deliver category-leading treatment for chronic pain, as well as spinal injuries, sports-related injuries, and concussions, will acquire KumoCare, a Canadian virtual care platform. The acquisition will further expand NeuPath’s virtual care and telemedicine offerings.
buyer: NeuPath (TSXV:NPTH:$41.24)
Based in Ontario, NeuPath is a vertically integrated health care provider utilizing research, data-driven insights, technology, and interdisciplinary care to help restore function for patients impacted by chronic pain, spinal injuries, sport-related injuries, and concussions. "
target: KumoCare, Inc.
Based in Canada, KumoCare is a telemedicine platform that uses mobile and cloud technology to enable patients to connect with health care providers from their homes. Through its mobile app, KumoCare provides easy and affordable access to professional and affordable health care.
price ($mm)
$1.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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)
EV / rev
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)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/19/2021 via BNC Analysis

True Incube, acquired Chiiwii

synopsis: True Incube, a tech incubator based in Thailand, has acquired a 60.72% stake in Chiiwii, a mobile telemedicine service in Thailand. Chiiwii provides patients with accessible health consultation services at anytime and anywhere. Their platform offers specialists for child health, women's health, skin care, mental health, and other health concerns.
buyer parent: True Corporation Public Company Limited
buyer: True Incube
True Incube is a tech incubator based in Thailand. True Incube provides support and opportunities to startups that want to take their businesses to the next level. The firm provides their services to startups in various sectors, including adtech, agritech, deep tech, IoT, e-commerce and more. "
target: Chiiwii
Chiiwii is a mobile telemedicine service in Thailand. Chiiwii provides patients with accessible health consultation services at anytime and anywhere. Their platform offers specialists for child health, women's health, skin care, mental health, internal medicine, and other health concerns.
price ($mm)
$1.58*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/20/2021 via GlobeNewswire

Victory Square Technologies, will acquire Hydreight

synopsis: Canada-based Victory Square Technologies Inc. will acquire IV Hydreight Inc., a mobile health and wellness service provider operating in the United States. Hydreight provides a completely compliant turnkey business model for health professionals to offer fully licensed medical, health & wellness services through an on-demand and on-site platform.
buyer: Victory Square Technologies (CNSX:BZ30197:$1.15)
Canada-based Victory Square builds, acquires, and invests in startups, then provides the senior leadership and resources needed to fast-track growth. Its portfolio consists of 20 global companies using AI, VR/AR, and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming."
target: Hydreight
Hydreight is a mobile health and wellness service provider. The company provides a unique, custom built, proprietary telemedicine service that allows users to book confidential health & wellness and/or medical services at their home, hotel, office, or wherever they may need discreet assistance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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 10/22/2020 via BusinessWire

Transcarent merged with BridgeHealth,

synopsis: Transcarent, a consumer digital health company, has merged with BridgeHealth, the industry-leading provider of surgical advocacy and centers of excellence programs for large, self-insured organizations. BridgeHealth will introduce new high-touch, high-tech navigation services and solutions built using the Transcarent technology stack.
buyer: BridgeHealth
BridgeHealth is a provider of value-based healthcare services that guide members to surgical Centers of Excellence nationwide. Its bundled rates allow self-insured group health plans to improve the quality and outcomes of surgery while reducing costs from 30% to 50% on average per procedure. "
target: Transcarent
Transcarent is a consumer digital health company that uses a combination of software, technology, and data science to empower consumers with information and access, leading to better outcomes and more cost-effective decisions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/27/2020 via BNC Analysis

Doctor Ryadom, acquired Doc+

synopsis: The digital medical service Doctor Ryadom, part of the VEB Ventures portfolio of projects, and the telemedicine company DOC + have announced a merger. Doc+ is a Russian provider of telemedicine and home doctor services. Their app provides patients with quick and affordable services.
buyer: Doctor Ryadom
Doctor Ryadom is a clinic chain of family medicine, specializing in ambulatory medical care. There are 11 clinics of Doctor Ryadom, located in the suburbs of Moscow. In 2017 Doctor Ryadom became one of the first Russian clinics to offer telemedicine services to customers. "
target: Doc+
Doc+ is a Russian provider of telemedicine and home doctor services. Their app provides patients with quick and affordable services for when they need them. Doc+ has provided more than 75,000 home visits and more than 20,000 teleconsultations to patients in Russia.
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 ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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