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New Deal


Announced

Completed

WELL Health completed the acquisition of MyHealth for $220m.

Financials

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Transaction Value£155m
Consideration TypeContingent Deferred Consideration, Ordinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Services

Majority

telehealth services

Canada

Domestic

Acquisition

Friendly

Single Bidder

Private

Completed

Synopsis

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WELL Health, a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, completed the acquisition of MyHealth, a specialty care, telehealth services and accredited diagnostic health services provider, for $220m. "We extend a warm welcome from the WELL family to the talented MyHealth team. The closing of this acquisition offers not only financial value for our shareholders, but also supports our value system at WELL as MyHealth has been built upon important pillars that we hold in high regard including: a progressive and award winning workplace culture; a forward-thinking network of health practitioners who embrace technology; and the vision of empowering patients through the provision of digital tools and technologies. We are very excited for the extended reach and depth that MyHealth offers WELL," Hamed Shahbazi, WELL Chairman and CEO.

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