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New Deal


Announced

Completed

Softbank Vision Fund 2 led a $1.15bn Series D funding round in Devoted Health.

Financials

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Transaction Value£869m
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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United States

Private

Health Care Services

Acquisition

Minority

Private Equity

Single Bidder

Friendly

Cross Border

Medicare Advantage coverage

Completed

Synopsis

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Softbank Vision Fund 2, a venture capital fund, led a $1.15bn Series D funding round in Devoted Health, a healthcare company. “Devoted Health is unique in that our members are at the absolute center of everything we do, and our core product is really better health. We are literally saving, improving and extending lives for older Americans every day through our one-of-a-kind approach,” Ed Park, Devoted Health Co-Founder and CEO.

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