Announced
Completed
Financials
Sources
Tags
telehealth
health care services
Health Care Services
Private
Acquisition
Completed
Friendly
Single Bidder
United States
Private Equity
Synopsis
Teladoc, the global leader in virtual care, acquired Advance Medical, the leading virtual care provider outside of the United States, from Summit Partners. Financial terms were not disclosed. “Today we bring together two companies who, by consistently putting the consumer first, have proven the transformative power of offering full-spectrum virtual care solutions,” said Jason Gorevic, CEO, Teladoc. “This acquisition advances our strategy to continually expand our product portfolio, as well as our operational footprint in attractive global markets.”
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