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New Deal


Announced

Completed

DarioHealth completed the acquisition of Twill for $30m.

Financials

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Transaction Value£24m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Services

Domestic

Majority

Private

Friendly

United States

Completed

healthcare technology

Acquisition

Single Bidder

Synopsis

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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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