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New Deal


Announced

Advocate Aurora to acquire MobileHelp from Abry.

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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Acquisition

healthcare technology

United States

Majority

Domestic

Private Equity

Health Care Services

Single Bidder

Pending

Private

Friendly

Synopsis

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Advocate Aurora, an independent non-profit foundation, agreed to acquire MobileHelp, a provider of mobile-personal emergency response systems and personal health management technologies, from Abry, a private equity investment firm. Financial terms were not disclosed. "The future of health care includes using innovative technology to help consumers take better control of their health. The addition of MobileHelp underscores our dedication to investing in solutions that are complementary to our clinical offerings, advancing whole person health and our purpose of helping people live well," Jim Skogsbergh, Advocate Aurora Health CEO.

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