Announced
Completed
Financials
Tags
Medical Services
Domestic
Majority
Private
Friendly
United States
Completed
healthcare technology
Acquisition
Single Bidder
Synopsis
DarioHealth, a digital therapeutics company engaged in the development and commercialization of patented and proprietary technology, completed the acquisition of Twill, a technology healing firm that provides mental health services, and treatment options, for $30m. "The Twill acquisition is an incredible opportunity to bring together our complementary solutions and create an unrivaled platform for the next generation of consumer-centric digital health. The addition of Twill instantly boosts revenue and margins, leveraging a robust SaaS-like model to fuel expected rapid growth and accelerating profitability. We are confident in our ability to integrate Twill and its employees and operations, as we have a track record of integrating previously acquired businesses," Erez Raphael, DarioHealth CEO.
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