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New Deal


Announced

Completed

Teladoc acquired Advance Medical from Summit Partners.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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telehealth

health care services

Health Care Services

Private

Acquisition

Completed

Friendly

Single Bidder

United States

Private Equity

Synopsis

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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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