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AllinMD Orthopaedics raised $100m in Series B financing round.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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China

telehealth

Private Equity

Single Bidder

Venture Capital

Health Care Services

Pending

Acquisition

Private

Friendly

Synopsis

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AllinMD Orthopaedics, which holds an internet hospital license in China, raised $100m in Series B financing round. Singaporean sovereign wealth fund Temasek and US venture capital firm H Capital led this round, while Tencent and Trustbridge Partners also joined. The fresh funds will be used to increase the number of AllinMD’s bricks-and-mortar hospitals and to expand its online education services to more doctors living in China’s smaller cities and rural areas.

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