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MBF Healthcare led a $25m Series B round in Carewell.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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online retailer

Diversified Retailers

Private Equity

Single Bidder

Domestic

Acquisition

United States

Minority

Private

Venture Capital

Completed

Friendly

Synopsis

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MBF Healthcare, a middle market investment group, led a $25m Series B round in Carewell, an online retailer. “Family caregiving is becoming an increasingly more common experience in the U.S. with spouses, children, parents, and even grandchildren having to take on a caregiving role overnight without warning. Understandably, these individuals can experience significant mental, physical, and emotional stress as they balance their role as caregivers with other responsibilities to work and family, and our mission at Carewell is to help educate, support and advocate for these selfless heroes,” Bianca Padilla, Carewell CEO and Founder.

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