Like Hello Tomo Ltd

closed 5/24/2021 via BNC Analysis

ICAS World Ltd, acquired Hello Tomo Ltd

synopsis: ICAS World Ltd (ICAS), a leading global provider of mental health and employee wellness services, has acquired the NHS-commissioned mental health tech startup, Hello Tomo. Hello Tomo founded in 2016 to help users build and maintain healthy habits to manage depression, anxiety, and overall mental health.
buyer: ICAS World Ltd
ICAS World Ltd (ICAS) is a leading global provider of mental health and employee wellness services. ICAS International partners with organisations throughout the world to enhance performance and wellbeing, whilst reducing the costs associated with absenteeism and presenteeism. "
target: Hello Tomo Ltd
Hello Tomo founded in 2016 to help users build and maintain healthy habits to manage depression, anxiety, and overall mental health. The app encourages users to create an anonymous peer support community through photo sharing.
price ($mm)
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closed 10/27/2021 via BNC Analysis

Mind Ease Labs Ltd, acquired UpLift Health Inc.

synopsis: A mental health company, Mind Ease Labs LTD., is acquiring UpLift Health Inc. the company behind a depression-reduction app, UpLift. UpLift is a comprehensive app for depression based on cognitive behavioral therapy. On average, users who complete the program see a 50% mood increase in just 1 month.
buyer: Mind Ease Labs Ltd
Founded in December 2019 Mind Ease Labs LTD. is a London-based mental health company with team members in the US, Europe and Australia. Mind Ease: Anxiety Relief app is available for iOS, Android and web. "
target: UpLift Health Inc.
UpLift Health Inc. is the company behind a depression-reduction app, UpLift. UpLift is a comprehensive app for depression based on cognitive behavioral therapy. On average, users who complete the program see a 50% mood increase in just 1 month.
price ($mm)
$10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/2/2021 via BNC Analysis

IRL App, acquired AeBeZe Labs, Inc.

synopsis: IRL, the SoftBank-backed social app, is announcing its acquisition of the “digital nutrition” company AeBeZe Labs and its portfolio of IP, with the goal of making IRL a healthier and more ethically designed social networking app. AeBeZe is dedicated to pioneering programs, tools, and resources, designed to improve behavioral health.
buyer: IRL App
Used primarily by younger people under the age of 25 who aren’t active on Facebook, IRL combines social calendaring, group messaging and events. While the company had originally focused on helping users discover real-world events, it shifted its focus to virtual events amid the pandemic. "
target: AeBeZe Labs, Inc.
AeBeZe is dedicated to pioneering programs, tools, and resources, designed to improve behavioral health and boost emotional resilience. Using a portfolio of tools backed by clinical research, AeBeZe's mission is to establish a new basic standard of Digital Nutrition™.
price ($mm)
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closed 12/13/2017 via PR Web

First Opinion, acquired Proxi

synopsis: First Opinion, Inc. announced it has acquired Incente, LLC, a behavioral health technology company based in Hanover, NH. In addition to the acquisition, First Opinion also announced the formation of a new business unit called Voi (http://voi.com).
buyer: First Opinion
First Opinion is a health technology company that offers tools for individuals and organizations. First Opinion App is an AI-assisted messenger that provides individuals access to care providers. Voi addresses vital behavioral health needs through advanced analytics and assessments. "
target: Proxi
Proxi, by Incente, is an app that provides easy access to and completion of behavioral health assessments. it enables online collaboration and connection between someone suffering with a behavioral health disorder and his/her family, friends, behavioral health coaches and clinicians.
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closed 11/15/2022 via BusinessWire

SonderMind LLC, acquired Total Brain

synopsis: SonderMind announced the acquisition of neuroscience company Total Brain. Total Brain is a mental health and brain performance self-monitoring and self-care platform. Its SaaS platform has helped more than one million registered users scientifically measure and optimize their brain capacities while managing the risk of common mental conditions.
buyer: SonderMind LLC
SonderMind is a digital health company redesigning behavioral health through covered and timely access, increased utilization, and data-validated quality outcomes. SonderMind solutions include connecting providers with patients, payments, telehealth, clinical assessments, and more. "
target: Total Brain (ASX:TTB:$5.70)
Total Brain is a mental health and brain performance self-monitoring and self-care platform. Its SaaS platform has helped more than one million registered users scientifically measure and optimize their brain capacities while managing the risk of common mental conditions.
price ($mm)
$10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/10/2022 via BNC Analysis

Infohealth Ltd, acquired Quin

synopsis: Infohealth Ltd, a leading UK pharmacy-led developer of hyper-personalised digital health solutions, has acquired Quin Technology, a diabetes management app in the UK. Quin helps people to manage their Type 1 diabetes. The AI-powered app allows users to record and plan their food, insulin and activity, and provides them with personalized insights.
buyer: Infohealth Ltd
Infohealth is a leading UK pharmacy-led developer of hyper-personalised digital health solutions. Infohealth's business operations include pharmacies, a telehealth mobile app, pharmaceutical manufacturing, and medicines management services for care homes. "
target: Quin
Quin is a diabetes management app in the UK. Quin helps people to manage their Type 1 diabetes. The app allows users to record and plan food, insulin and activity to see how each affects their blood sugar. Their app uses AI to provide personalized insights based on the user's data.
price ($mm)
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closed 8/2/2022 via GlobeNewswire

ResMed, acquired mementor DE GmbH

synopsis: ResMed announced the acquisition of Leipzig-based company mementor. mementor developed and owns the digital insomnia therapy solution somnio, which is Germany’s first and only permanently approved Digital Health Application (DiGA) in the field of sleep medicine and thus eligible for reimbursement in Germany.
buyer: ResMed (RMD:$3,443.76)
ResMed, a world-leading connected health company with cloud-connected devices for daily remote patient monitoring, changes lives with every breath. Its devices and software solutions help treat and manage sleep apnea, chronic obstructive pulmonary disease and other respiratory conditions. "
target: mementor DE GmbH
Founded in 2014 and based in Leipzig, Germany, mementor developed and owns the digital insomnia therapy solution somnio, which is Germany’s first and only permanently approved Digital Health Application (DiGA) in the field of sleep medicine and thus eligible for reimbursement in Germany.
price ($mm)
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closed 5/23/2022 via BusinessWire

Afya Participações S.A., acquired Glic

synopsis: Afya Limited announced the acquisition, through its wholly-owned subsidiary Afya Participações S.A, of 100% of Glic. Glic is a free diabetes care and management app solution for physicians and patients that uses technology to improve diabetes education and daily routine practices, connecting users, devices and health providers.
buyer parent: Afya Limited
buyer: Afya Participações S.A.
Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students to be lifelong medical learners. "
target: Glic
Glic is a free diabetes care and management app solution for physicians and patients that uses technology to improve diabetes education and daily routine practices, connecting users, devices and health providers.
price ($mm)
$4.52
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/16/2022 via BNC Analysis

Glooko, acquired Diabnext

synopsis: Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, has acquired Diabnext, a diabetes management app in France. Diabnext enables people with diabetes to better manage their health by automatically collecting data into a digital logbook.
buyer: Glooko
Glooko is a provider of remote patient monitoring and digital health solutions. Glooko is transforming digital health by connecting people with diabetes and other chronic conditions with their healthcare teams, enabling collaborative telehealth, clinical research and improved health outcomes. "
target: Diabnext
Diabnext is a diabetes management app in France. Diabnext helps people with diabetes to better manage their health and stay connected with their healthcare providers. The app enables users to better manage their diabetes by automatically collecting data into a digital logbook.
price ($mm)
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closed 2/16/2022 via BusinessWire

Medable, acquired Omhu A/S

synopsis: Medable Inc., the leading software provider for patient-centered clinical trials, announced that it has acquired LEO Innovation Lab’s Omhu A/S, a Denmark-based digital health tech company. Omhu was launched in 2020 to develop new ways of supporting patients and doctors when diagnosing, managing, and treating skin conditions.
buyer: Medable
Medable is on a mission to get effective therapies to patients faster by transforming clinical drug development with disruptive technologies. The company’s digital platform streamlines design, recruitment, retention and data quality for decentralized trials. "
target parent: LEO Pharma Inc.
target: Omhu A/S
Omhu is a Denmark-based digital health tech company. Omhu was launched in 2020 to develop new ways of supporting patients and doctors when diagnosing, managing, and treating skin conditions. Omhu’s software applications include Imagine, a skin-tracking mobile app, and Omhu Care, a telemedicine app.
price ($mm)
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closed 10/12/2018 via Company Press Release

Varian Medical Systems, Inc., acquired Noona Healthcare

synopsis: Varian, a leader in developing and delivering cancer care solutions, has announced the acquisition of privately-held software company Noona Healthcare, developer of a cloud-based, mobile service designed to capture cancer patient-reported outcomes (PROs).
buyer: Varian Medical Systems, Inc. (VAR:$2,888.20)
Varian is a leader in developing and delivering cancer care solutions and is focused on creating a world without fear of cancer. Varian has pioneered developments in radiotherapy, radiosurgery, X-ray tube technology, digital image detectors, cargo screening, and non-destructive testing. "
target: Noona Healthcare
Noona Healthcare is the developer of a cloud-based, mobile service designed to capture cancer patient-reported outcomes (PROs). The Noona patient software app lets clinics capture PROs and communicate directly with patients. They are based in Finland.
price ($mm)
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closed 10/11/2017 via BNC Analysis

StayWell, acquired MedHelp

synopsis: StayWell, a health engagement company, has acquired MedHelp, the largest online health community and consumer health platform. MedHelp empowers 19 million users a month to better understand and better manage their health. They also provide mobile apps such as My Diet Diary, a calorie tracking app, and Sugar Sense, a top-ranked diabetes app.
buyer parent: Merck & Co., Inc.
buyer: StayWell
StayWell is a health engagement company that helps its clients engage and educate people to improve health and business results. StayWell brings decades of experience working across the health care industry to design solutions that address its clients’ evolving needs. "
target: MedHelp
MedHelp is the largest online health community and consumer health platform, empowering 19 million unique users a month to better understand and better manage their health. MedHelp also provides mobile apps such as My Diet Diary, a calorie tracking app, and Sugar Sense, a top-ranked diabetes app.
price ($mm)
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closed 8/16/2017 via BNC Analysis

Verily Life Sciences, acquired Senosis Health Inc.

synopsis: Google's Verily unit has acquired Senosis Health. Senosis has developed a family of medical condition monitoring and measurement applications for use via smartphones.
buyer parent: Google Inc.
buyer: Verily Life Sciences
Verily lives at the intersection of technology, data science and healthcare. Verily is developing tools to collect and organize health data, then creating interventions and platforms that put insights derived from that health data to use for more holistic care management. "
target: Senosis Health Inc.
Senosis Health has developed a family of smartphone apps that monitor newborn jaundice, lung function and blood hemoglobin by using the smartphone’s camera and microphone.
price ($mm)
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closed 6/30/2017 via Company Press Release

Roche Ltd, acquired mySugr GmbH

synopsis: Roche and mySugr announced that the two partners have signed an agreement under which Roche acquired all shares of mySugr GmbH. Counting more than one million users globally, mySugr is one of the leading mobile diabetes platforms in the market.
buyer: Roche Ltd
Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people’s lives. The combined strengths of pharmaceuticals and diagnostics under one roof have made Roche the leader in personalised healthcare. "
target: mySugr GmbH
mySugr specializes in all-around care for people with diabetes. Its apps and services combine diabetes coaching, therapy management, unlimited test-strips, automated data tracking, and seamless integration with a growing number of medical devices to ease the daily burden of living with diabetes.
price ($mm)
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closed 6/25/2014 via PR Newswire

Physicians Interactive, acquired MedHelp

synopsis: Physicians Interactive, a leading provider of online and mobile clinical resources and solutions for healthcare professionals, announced the acquisition of MedHelp, the online health community and health application site.
buyer parent: Merck & Co., Inc.
buyer: Physicians Interactive
Physicians Interactive is a provider of online and mobile clinical resources and solutions for healthcare professionals. PI uses the power of networks of healthcare professionals and life sciences companies together in ways that will change the practice and business of medicine for the better. "
target: MedHelp
MedHelp is the world's largest online health community and consumer health platform, empowering 14 million unique users a month to better understand and better manage their health.
price ($mm)
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EBITDA ($mm)
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closed 3/16/2020 via BNC Analysis

Fuming Yang, acquired Kelinda

synopsis: Fuming Yang, a Chinese entrepreneur, has acquired a 99% stake in Kelinda, a healthcare focused software company in Moldova. Kelinda offers a mobile app that features various health control panels and reminders. The app allows users to more easily monitor the condition of their health with reminders and notifications for medication and appointments.
buyer: Fuming Yang
Fuming Yang is a Chinese entrepreneur. Fuming Yang is the founder of Liuzhou Bangfu Technology Co., Ltd., a company focusing on internet technology development, maintenance and services. Mr. Yang was also involved in various media projects, such as Star Avenue on CCTV. "
target: Kelinda
Kelinda is a healthcare focused software company in Moldova. Kelinda offers a mobile app that features various health control panels and reminders. The app allows users to more easily monitor the condition of their health with reminders and notifications for medication and doctor appointments.
price ($mm)
$0.33*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/24/2020 via BNC Analysis

PlanetVA Pty Ltd, acquired VanKeel Solutions

synopsis: PlanetVA, a provider of virtual try-on (VTO) solutions for eyewear, announces the acquisition of VanKeel Solutions, a company that provides live 3D VTO eyewear solutions to independent retailers and eyewear companies. VanKeel Solutions’ proprietary solution, VTOLive, allows for a client-centric approach of the eyewear selection process
buyer: PlanetVA Pty Ltd
PlanetVA (VA an acronym for Visual Acuity) is a privately held independent company formed in August 1999 and incorporated in Australia and Europe. Since its inception, it has been taking on a leadership role as a pioneer in employing computer and IT technologies for the eyecare industry. "
target: VanKeel Solutions
VanKeel Solutions is a company that provides live 3D VTO (virtual try-on) eyewear solutions to independent retailers and eyewear companies. VanKeel Solutions’ proprietary solution, VTOLive, allows for a more efficient and patient or client-centric approach of the eyewear selection process
price ($mm)
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closed 9/14/2022 via PR Newswire

PrepMD RMS, LLC, acquired LindaCare

synopsis: PrepMD RMS, the premier cardiac clinical solutions company, has acquired LindaCare, a digital health company specializing in remote monitoring. The acquired IP enables PrepMD RMS to continue to provide the broadest service and technology-based solutions and bolster its leadership position in the remote monitoring space.
buyer: PrepMD RMS, LLC
PrepMD RMS is the premier cardiac clinical solutions company, combining expert human capital and technological innovation to address complex challenges faced by cardiology offices and major healthcare systems. "
target: LindaCare
LindaCare is a digital health company specializing in integrated remote cardiac monitoring software and services. The company offers SaaS and Monitoring-as-a-Service (Maas) alternatives to meet the needs of health systems, hospitals and private practices.
price ($mm)
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closed 12/1/2016 via GlobeNewswire

BioTelemetry, acquired Telcare

synopsis: BioTelemetry, Inc. is pleased to announce the acquisition of Telcare. Telcare is a leading digital-health company whose pioneering work includes development of the first FDA-cleared cellular enabled blood glucometer and cloud-based diabetes data repository system.
buyer: BioTelemetry (BEAT:$386.46)
BioTelemetry, Inc. is the leading wireless medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care. The company currently provides cardiac monitoring services, original equipment manufacturing and more. "
target: Telcare
Telcare is a leading digital-health company whose pioneering work includes development of the first FDA-cleared cellular enabled blood glucometer and cloud-based diabetes data repository system.
price ($mm)
$7.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2016 via BusinessWire

merged with Glooko,

synopsis: In a move that will accelerate the mission to make diabetes management easier worldwide, Glooko and Diasend announced they have merged into a unified company. Glooko and Diasend are well-known for making diabetes management easier by offering diabetes management and analytics platforms that facilitate data driven care for patients and clinicians.
buyer: Glooko
Glooko is the leading remote patient monitoring platform for diabetes and is trusted by the world’s leaders in diabetes care. Glooko's mobile app enables patients to easily track and proactively manage all aspects of their diabetes care. "
target:
Diasend simplifies life for people with diabetes and facilitates the work of their health care providers by optimizing diabetes data management. The company transmits, stores, and analyzes data from more than 140 glucose meters, insulin pumps, CGM systems and leading activity trackers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/24/2021 via BNC Analysis

ICAS World Ltd, acquired Hello Tomo Ltd

synopsis: ICAS World Ltd (ICAS), a leading global provider of mental health and employee wellness services, has acquired the NHS-commissioned mental health tech startup, Hello Tomo. Hello Tomo founded in 2016 to help users build and maintain healthy habits to manage depression, anxiety, and overall mental health.
buyer: ICAS World Ltd
ICAS World Ltd (ICAS) is a leading global provider of mental health and employee wellness services. ICAS International partners with organisations throughout the world to enhance performance and wellbeing, whilst reducing the costs associated with absenteeism and presenteeism. "
target: Hello Tomo Ltd
Hello Tomo founded in 2016 to help users build and maintain healthy habits to manage depression, anxiety, and overall mental health. The app encourages users to create an anonymous peer support community through photo sharing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/24/2021 via BNC Analysis

ICAS World Ltd, acquired Hello Tomo Ltd

synopsis: ICAS World Ltd (ICAS), a leading global provider of mental health and employee wellness services, has acquired the NHS-commissioned mental health tech startup, Hello Tomo. Hello Tomo founded in 2016 to help users build and maintain healthy habits to manage depression, anxiety, and overall mental health.
buyer: ICAS World Ltd
ICAS World Ltd (ICAS) is a leading global provider of mental health and employee wellness services. ICAS International partners with organisations throughout the world to enhance performance and wellbeing, whilst reducing the costs associated with absenteeism and presenteeism. "
target: Hello Tomo Ltd
Hello Tomo founded in 2016 to help users build and maintain healthy habits to manage depression, anxiety, and overall mental health. The app encourages users to create an anonymous peer support community through photo sharing.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 8/4/2022 via PR Newswire

Marpai, Inc., will acquire Maestro Health

synopsis: Marpai, Inc., a technology company using advanced AI to transform self-insured employer health plans, will acquire Maestro Health, a Third-Party Administrator (TPA) for employee health and benefits. Maestro provides a digital integrated platform encompassing health benefit administration services and TAP services for self-insured companies.
buyer: Marpai, Inc. (MRAI:$14.23)
Marpai is a technology company using advanced AI to transform self-insured employer health plans. Marpai provides best-in-class TPA (third party administrator) services to help employers deliver high value company health plans, elevate care quality, reduce claims costs and lower stop loss premiums. "
target: Maestro Health
Maestro Health is a health benefit administration digital company. Maestro Health provides a digital integrated platform encompassing health benefit administration services and third-party administrator services for self-insured companies, including care coordination solutions for employees.
price ($mm)
$22
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/12/2019 via PE Hub

LLR Partners, acquired CareATC, Inc.

synopsis: LLR Partners, a middle market private equity firm committed to creating long-term value by growing its portfolio companies, has acquired CareATC, a leading innovator in the employer-sponsored healthcare marketplace. CareATC offers customized population health management solutions for employers that reduce healthcare costs.
buyer: LLR Partners
LLR Partners is a middle market private equity firm committed to creating long-term value by growing its portfolio companies. LLR invests in several industries, including Education, FinTech, Healthcare, Industrial Tech, Software and Security, with a focus on technology and services businesses. "
target: CareATC, Inc.
CareATC, Inc. is a leading innovator in the employer-sponsored healthcare marketplace. CareATC offers customized population health management solutions for employers that reduce healthcare costs by promoting health, preventing disease and providing a shorter path to care.
price ($mm)
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closed 3/8/2018 via BusinessWire

AXA Group, acquired Maestro Health

synopsis: AXA, a global insurer and asset manager, announced that it has acquired Maestro Health, Inc., a health benefit administration digital company. Maestro provides a digital integrated platform encompassing health benefit administration services and third-party administrator services for self-insured companies.
buyer: AXA Group (ENXTPA:CS:$136,584.80)
AXA Group is a global insurer and asset manager. AXA and its affiliates provide financial strategies for retirement, life insurance, investing and employers. Products offered include: Annuities, Life Insurance, Investment Accounts and Employer Sponsored Retirement Plans. "
target: Maestro Health
Maestro Health is a health benefit administration digital company. Maestro Health provides a digital integrated platform encompassing health benefit administration services and third-party administrator services for self-insured companies, including care coordination solutions for employees.
price ($mm)
$155
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/23/2007 via BusinessWire

Kronos Optimal Health Company, acquired Office Workouts

synopsis: Kronos Optimal Health Company, a nationwide provider of corporate and individual wellness programs, has acquired Office Workouts, Inc., a wellness staffing company based in Agoura, Calif. The Office Workouts name has been changed to Kronos Office Workouts.
buyer: Kronos Optimal Health Company
Kronos Optimal Health is a national leader in customized health management programs, we offer a full continuum of corporate wellness programs, including employee health screenings, health education seminars, and online and on-site weight management and other Lifestyle Management programs. "
target: Office Workouts
Kronos Optimal Health Company provides optimal health products and services for consumers, employer groups and healthcare providers. Kronos business units include Kronos Corporate and Community Wellness and Kronos Optimal Health Centre®.
price ($mm)
$8.89
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/6/2022 via BusinessWire

Alight Solutions, acquired Reed Group, Ltd.

synopsis: Alight Inc., a leading cloud-based human capital and technology services provider, announced it has acquired ReedGroup, an expert in leave management solutions from The Guardian Life Insurance Company of America.
buyer: Alight Solutions
Alight Solutions is a leading provider of benefits administration and cloud-based HR solutions. They enhance work and life through their service, technology and data. Alight helps their clients and their people navigate the complexity of health, wealth and HR. "
target parent: The Guardian Life Insurance Company of America
target: Reed Group, Ltd.
ReedGroup is the largest exclusive tech-enabled provider of absence management solutions to the large employer market in the U.S. and Canada. They provide absence services, disability management and clinical decision support.
price ($mm)
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closed 12/3/2021 via BusinessWire

Iron Creek Partners LLC, acquired Credential Check Corporation

synopsis: Iron Creek Partners LLC, a private investment firm based in Santa Fe, NM, announced the acquisition of Credential Check Corporation, a leading provider of employment background screening and drug testing services to employers across the country.
buyer: Iron Creek Partners LLC
Iron Creek is a sector-focused, stage-independent private investment firm based in Santa Fe, NM, seeking attractive investment opportunities primarily in the software, data, and communications industries. "
target: Credential Check Corporation
Credential Check Corporation is a leading provider of employment background screening and drug testing services to employers across the United States. CredentialCheck has thousands of customers across the finance, manufacturing, food and retail, healthcare, and staffing industries.
price ($mm)
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announced 9/16/2020 via BNC Analysis

Hanover Investors Management LLP, will acquire ClearStar

synopsis: ClearStar Inc, a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening, has agreed to a buyout offer from private equity group Hanover Bidco worth 40p a share in cash.
buyer: Hanover Investors Management LLP
Hanover Investors has built a unique reputation among UK equity investors since its foundation in 2002 for its active intervention in small and mid-cap UK public companies, where they regularly act as a catalyst for change on behalf of shareholders. "
target: ClearStar (CLSU.L:$20.32)
ClearStar is a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening. The company offers employers valuable employment intelligence to support better recruiting and decision making.
price ($mm)[EV]
$20 [$21]
rev ($mm)
$22
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
closed 3/25/2015 via BNC Analysis

Accredited Drug Testing Inc., acquired Scheduleadrugtest.com

synopsis: Accredited Drug Testing Inc, one of the nation’s leading providers of drug, alcohol, DNA testing and background check screenings announced that it has acquired full ownership of Scheduleadrugtest.com. Scheduleadrugtest.com is a drug and alcohol testing online scheduling resource for employers and individuals in need of a drug or alcohol test.
buyer: Accredited Drug Testing Inc.
Accredited Drug Testing Inc. is one of the nation’s leading providers of drug, alcohol, DNA testing and background check screenings. "
target: Scheduleadrugtest.com
Scheduleadrugtest.com is a drug and alcohol testing online scheduling resource for employers and individuals in need of a drug or alcohol test.
price ($mm)
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closed 4/2/2012 via PR Newswire

Alere Inc., acquired eScreen, Inc

synopsis: Alere, Inc., a global leader in enabling individuals to take charge of their health through the merger of rapid diagnostics and health management, has purchased eScreen, Inc., a leading technology firm that specializes in toxicology screening and employee health products and services.
buyer: Alere Inc. (ALR:$2,818.83)
Alere enables individuals to take charge of improving their health and quality of life at home. Alere's global leading products and services, as well as its product development efforts, focus on cardiology, women's health, infectious disease, oncology and toxicology. "
target parent: Carlyle Group
target: eScreen, Inc
eScreen, Inc. is a technology firm that specializes in toxicology screening and employee health products and services. It deploys an automated platform and FDA-cleared reader for the collection, provision, management and reporting of regulated and non-regulated urine drug screens.
price ($mm)
$270
rev ($mm)
$120
EBITDA ($mm)
EV / rev
2.8x
EV / EBITDA
closed 2/9/2022 via Company Press Release

Sedgwick Claims Management Services, Inc., acquired Direct Health Solutions

synopsis: Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Direct Health Solutions (DHS), a leading specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms.
buyer parent: Carlyle Group
buyer: Sedgwick Claims Management Services, Inc.
Sedgwick is a leading global provider of technology-enabled risk, benefits, and integrated business solutions. Sedgwick provides a broad range of resources tailored to its clients' specific needs in casualty, property, marine, benefits, and other lines. "
target: Direct Health Solutions
Direct Health Solutions (DHS) is a specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms. They provide solutions for absence management, injury management, medical assessments, and HR case management.
price ($mm)
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closed 2/9/2022 via Company Press Release

Sedgwick Claims Management Services, Inc., acquired Direct Health Solutions

synopsis: Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Direct Health Solutions (DHS), a leading specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms.
buyer parent: Carlyle Group
buyer: Sedgwick Claims Management Services, Inc.
Sedgwick is a leading global provider of technology-enabled risk, benefits, and integrated business solutions. Sedgwick provides a broad range of resources tailored to its clients' specific needs in casualty, property, marine, benefits, and other lines. "
target: Direct Health Solutions
Direct Health Solutions (DHS) is a specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms. They provide solutions for absence management, injury management, medical assessments, and HR case management.
price ($mm)
rev ($mm)
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closed 9/1/2010 via PR Newswire

Thomson Reuters, acquired Healthcare Data Management, Inc.

synopsis: Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, announced that it has acquired Healthcare Data Management, Inc. Effective immediately, the company will become part of the Healthcare & Science business of Thomson Reuters.
buyer: Thomson Reuters (TRI:$6,348.00)
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. Powered by the world's most trusted news organization, Thomson Reuters combine industry expertise with innovative technology to deliver critical information to leading decision makers. "
target: Healthcare Data Management, Inc.
Healthcare Data Management was a pioneer in the establishment of modeling employee health benefit plans and using data-driven metrics to monitor plan performance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/15/2022 via PR Newswire

CoAdvantage, acquired MomentumHR

synopsis: CoAdvantage Corporation, a leading national provider of strategic human resource solutions for small to mid-sized companies, has acquired MomentumHR, a provider of outsourced HR services. The merger of the two companies will strengthen CoAdvantage's presence in Georgia while accelerating the company's overall growth and national footprint.
buyer: CoAdvantage
CoAdvantage is a leading Professional Employer Organization (PEO) that offers small and mid-sized businesses a comprehensive package of human resource solutions, enabling them to reduce their administrative burden and access affordable employee benefits. "
target: MomentumHR
MomentumHR is a Professional Employer Organization (PEO) that provides payroll administration, workers' compensation, employee benefits, and human resource solutions to businesses of all sizes. MomentumHR offers state-of-the-art software platforms for managing all aspects of human resources.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/19/2021 via GlobeNewswire

Brown & Brown Inc., acquired Remedy Analytics

synopsis: Brown & Brown, Inc., a leading insurance brokerage firm, has acquired all of the stock of Remedy Analytics. Founded in 2011, Remedy Analytics uses its proprietary PharmaLogic® data-based medication platform to offer pharmacy consulting services to employers throughout the United States.
buyer: Brown & Brown Inc. (BRO:$2,856.91)
Brown & Brown, Inc. is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. "
target: Remedy Analytics
Founded in 2011, Remedy Analytics uses its proprietary PharmaLogic® data-based medication platform to offer pharmacy consulting services to employers throughout the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/30/2020 via Company Press Release

Tandem HR, acquired Best Employment Solutions Team

synopsis: Tandem HR, a Chicago PEO and a certified Professional Employer Organization, has acquired Best Employment Solutions Team (BEST PEO), a privately held company that specializes in PEO and HR solutions in the Michigan area.
buyer: Tandem HR
Tandem HR, a Chicago PEO and a certified Professional Employer Organization (CPEO), simplifies Human Resources for nearly 200 companies by providing HR solutions, infrastructure and expertise. "
target: Best Employment Solutions Team
Best Employment Solutions Team (BEST PEO) is a privately held company that specializes in PEO and HR solutions in the Michigan area. They offer services in payroll, HR & taxes, employee benefits, unemployment, worker' compensation, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/11/2007 via BusinessWire

Express Scripts Inc., acquired ConnectYourCare

synopsis: Pharmacy benefit manager Express Scripts, Inc., announced the acquisition of ConnectYourCare, L.L.C., one of the nation’s leading consumer directed health plan account administrators, from privately-held Revolution Health. Terms of the transaction were not disclosed.
buyer: Express Scripts Inc. (ESRX:$100,275.80)
Express Scripts is one of the largest pharmacy benefit management (PBM) companies in North America, providing PBM services to thousands of client groups, including managed-care organizations, insurance carriers, employers, public sector, workers' compensation, and union-sponsored benefit plans. "
target parent: Revolution Health Group LLC
target: ConnectYourCare
ConnectYourCare’s benefit delivery platform provides a pathway for migration to consumer directed health, supplying tools for employees to better manage their healthcare choices and a vehicle for employers to realize healthcare cost containment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/11/2020 via Company Press Release

New Mountain Capital, LLC, acquired Healthcomp

synopsis: New Mountain Capital has acquired HealthComp Holding Company LLC, a leading independent Third Party Administrator of healthcare benefits for self-funded employers. New Mountain Capital’s experience in healthcare cost containment will allow HealthComp to leverage institutional knowledge to drive business building and increase value for customers.
buyer: New Mountain Capital, LLC
New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity, and credit funds with $28 billion in assets under management. "
target: Healthcomp
HealthComp is the largest independent Third-Party Administrator (TPA) of healthcare benefits in the U.S. The Company offers best in class technology for healthcare benefits administration, payment integrity, and care management services to reduce costs and improve clinical outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/12/2022 via BusinessWire

AgencyBloc, acquired FormFire

synopsis: AgencyBloc, a leading agency management system (AMS) provider for independent insurance agencies, has acquired FormFire, a leader in quoting and enrollment for small-group benefits and medical health questionnaire data collection for carrier underwriting.
buyer: AgencyBloc
AgencyBloc is the #1 agency recommended management system, helping insurance agencies secure and grow their business with an industry-specific CRM, a unique commissions processing module and an integrated marketing automation and sales pipeline tool. "
target: FormFire
FormFire is the country's leading provider of digital online processes for the paperbound world of small-group health insurance quoting, sold case installation, and group renewal for employees and employers, brokers and carriers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/16/2022 via Company Press Release

Orange Tree, acquired Info Cubic Background Checks

synopsis: Orange Tree Employment Screening, a leading technology-driven services company in the background screening industry, has acquired Info Cubic, a background and drug screening services provider focused on heavily regulated industries such as healthcare and those regulated by the Department of Transportation (DOT).
buyer: Orange Tree
Orange Tree provides technology-enabled background screening, drug testing, and occupational health services. Enabled by its proprietary technology platform, Orange Tree’s services and solutions help companies focus on their business while empowering them to fill their open positions. "
target: Info Cubic Background Checks
Info Cubic is a provider of background and drug screening services. Its online system features an applicant portal that allows businesses to minimize data-entry while allowing applicants to securely submit their background check info via text or email from any computer, tablet or mobile device.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/11/2014 via PR Web

Lifeloc Technologies, acquired Superior Training Solutions, Inc

synopsis: Lifeloc Technologies, Inc. a leading manufacturer of Evidential Breath Testing equipment and provider of Breath Alcohol Technician training announced that the company has acquired Superior Training Solutions (STS) of Wimberley, Texas, a prominent online training business specializing in supervisor and employee drug and alcohol education.
buyer: Lifeloc Technologies (OTCPK:LCTC:$8.94)
Lifeloc Technologies designs, engineers and manufactures precision fuel-cell based breath alcohol testing equipment (breathalyzers) for professional and personal use. "
target: Superior Training Solutions, Inc
The Superior Training Solutions, Inc. (STS) mission is to create and continually renew workplace drug and alcohol education programs for supervisors and employees. They accomplish their mission by: constantly monitoring Federal regulations, updating industry specific information and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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