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New Deal


Announced

Life & Specialty Ventures to acquire LifeMap from Cambia Health.

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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digital therapeutics

United States

Majority

Health Care Services

Private

Friendly

healthcare services

Single Bidder

Acquisition

Pending

Domestic

Synopsis

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Life & Specialty Ventures, an ancillary insurance company, agreed to acquire LifeMap, a provider of a digital therapeutics platform, from Cambia Health, a provider of health insurance solutions to individuals and families in the United States. Financial terms were not disclosed. "We are proud of the growth and consumer focus LifeMap and Regence Dental represent. The opportunity to combine our success with USAble's and deliver an even better experience and greater care for our members is exciting and will result in extended expertise and increased operating scale that ultimately benefits the people and families we serve," Chris Blanton, Cambia Senior Vice President Commercial and Ancillary Markets.

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