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New Deal


Announced

ModMed to acquire Klara.

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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Private

Single Bidder

Pending

Acquisition

Friendly

Domestic

Majority

Software

healthcare communication platform

United States

Synopsis

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ModMed, a provider of an intelligent, specialty-specific cloud platform, agreed to acquire Klara, a healthcare communication platform. Financial terms were not disclosed. “Frankly, we believe this is a new category. We see a future where unified collaboration platforms will create a more convenient and frictionless environment - where conversations and the data they contain flow directly into EHR and PM systems while also connecting back to patients and practices and third-party providers like pharmacies, labs, and insurance companies. We believe that this more convenient and frictionless environment can fundamentally improve interactions, involvement and ownership of healthcare outcomes across the ecosystem,” Dan Cane, ModMed CEO.

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