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New Deal


Announced

Completed

AristaMD completed the acquisition of Sitka.

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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specialist network

video software

Software

Private

Single Bidder

United States

Acquisition

Domestic

Majority

Completed

Friendly

Synopsis

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AristaMD, a digital healthcare company specializing in eConsults and referral management services, completed the acquisition of Sitka, a video-consult specialist network supporting value-based care providers. Financial terms were not disclosed. “To succeed in value-based care, an industry-wide strategy to improve population health and reduce total healthcare cost, providers must utilize tools to match patients with care in the most appropriate setting. Primary care providers prioritize digital health solutions, like ours, that alleviate the expense and time associated with referring patients for a face-to-face specialist appointment. With the addition of Sitka’s service offering and provider group, AristaMD will now offer more ways for primary care providers to expand their scope of services, work at the top of their license and improve patient access," Brooke LeVasseur, AristaMD CEO.

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