Announced
Completed
Financials
Tags
Domestic
Majority
Public
Canada
Health Care Services
virtual healthcare platform
Acquisition
Completed
Friendly
Single Bidder
Private Equity
Synopsis
Sun Life, a provider of wealth management, financial security, and stability to its customer base, completed the acquisition of Dialogue Health Technologies, a virtual healthcare and wellness platform, providing affordable, on-demand access to quality care, for $268m. "We have a strong relationship with Sun Life and our company values are closely aligned. We both care deeply about health and well-being and want to improve access to safe and quality care for everyone. As a company backed by Sun Life, Dialogue will have the resources and flexibility to continue to deliver on its mission by leveraging the respective strengths of both organizations, and we look forward to introducing more innovative digital solutions to empower people on their health journey. This is an exciting new chapter as we look to grow together and shape the future of healthcare in Canada and other markets," Cherif Habib, Dialogue CEO.
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