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New Deal


Announced

Dialogue Health Technologies to acquire Tictrac for $44m.

Financials

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Transaction Value£34m
Consideration TypeCash, Contingent Deferred Consideration, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

software development

Friendly

Single Bidder

software-as-a-service

Software

Pending

Majority

Acquisition

health and wellness

Cross Border

United Kingdom

Synopsis

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Dialogue Health Technologies, Canada's premier virtual healthcare and wellness platform, agreed to acquire Tictrac, a SaaS-based provider of a global health and wellness platform that enables healthier living for everyone, for $44m. "We're thrilled to add Tictrac's innovative technology, deep expertise, and proven methodology to Dialogue. This acquisition is our largest to date and contributes directly to the ambitious growth objectives we laid out in our IPO plan a year ago. Tictrac allows us to strengthen our Integrated Health PlatformTM with a highly engaging new service, while also gaining exposure to attractive international markets with strong health and wellness potential," Cherif Habib, Dialogue CEO.

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