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New Deal


Announced

Completed

Wesana Health completed the acquisition of PsyTech for $17m.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare technology

Canada

Acquisition

Health Care Services

Majority

Cross Border

Private

Friendly

Single Bidder

Completed

Synopsis

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Wesana Health, an emerging life sciences company, completed the acquisition of PsyTech, a provider of education, clinical care and clinical tools, for $17m. "The acquisition of PsyTech will greatly accelerate our ability to understand, analyze and improve neurological health and performance by providing a data platform on which to build our technical strategy, clinics in which to apply and accelerate our neuroscience research and relationships with many thousands of the practitioners who will leverage our medicines, diagnostics and technology to heal people," Daniel Carcillo, Wesana CEO.

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