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Announced

Wheel to acquire backened virtual technology of GoodRx Care.

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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Pending

Friendly

medical technology

Medical Services

Private

Domestic

Majority

health care

Single Bidder

Acquisition

United States

Synopsis

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Wheel, a health technology company, agreed to acquire backened virtual technology of GoodRx Care, a virtual care technology provider. Financial terms were not disclosed. "At a time when the healthcare industry is at a major inflection point, this acquisition accelerates our long-term strategy to power virtual-first care across the broader healthcare ecosystem. GoodRx is well known in the industry for developing best-in-class virtual care tools. By combining our underlying technologies into one comprehensive and flexible platform, Wheel is well positioned to continue to serve as the leading solution for virtual-first care," Michelle Davey, Wheel CEO and Co-Founder.

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