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New Deal


Announced

Completed

Blue Sea-backed SignatureMD completed the merger with Paragon.

Financials

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

Tags

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Acquisition

Single Bidder

Completed

United States

Private Equity

Private

Medical Services

Friendly

medicine programs

Majority

Merger

Synopsis

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Blue Sea-backed SignatureMD, a provider of support services to concierge medicine physicians, completed the merger with Paragon Private Health, a provider of concierge-type medical practice solutions helping physicians successfully launch customized, concierge programs. Financial terms were not disclosed. "Combining our two companies isn't about getting bigger, it's about getting better and stronger together to expand our community of exceptional physicians, to serve more people looking for a closer relationship with their doctor for better health and peace of mind, and to innovate in areas like telehealth and remote monitoring to meet the emerging needs of our affiliated physicians and members. This merger comes at an exciting time as more and more doctors are choosing SignatureMD's flexible care model that puts them back in control without having to decide between practicing medicine on their terms and saying goodbye to thousands of their patients," Matthew Jacobson, SignatureMD Founder and CEO.

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