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New Deal


Announced

Completed

Appello completed the acquisition of Lifeline24.

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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home healthcare

Private

Acquisition

Health Care Services

Domestic

Single Bidder

Majority

Friendly

United Kingdom

Completed

Synopsis

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Appello, a telecare monitoring services provider, completed the acquisition of Lifeline24, a home healthcare services provider. Financial terms were not disclosed. "The culture of both businesses is very complimentary with both companies having care for customers at the core of our purpose. Furthermore, the combination of Appello’s leadership in digital and Lifeline24’s commitment to sustainability mean that we can invest further in products that help customers have a better living experience with less impact on the planet. We will keep all our customers, suppliers, employees and other stakeholders updated at suitable intervals and look forward with significant excitement to using the combined business to bring even greater benefit to our collective customers in the future," Appello.

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