Well Health Completes Majority Stake Acquisition Of Wisp, A Rapidly Growing Digital Health Leader Specializing In Women'S Health
Acquiring Company
WELL Health Technologies Corp
Acquired Company
Wisp
San FranciscoHealth CareMedicalHealth CareAdministrative ServicesMedicalDescription
WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on empowering healthcare practitioners and their patients with best in class tech enabled healthcare services, is pleased to announce that it has completed the previously announced acquisition of a majority interest in WISP, a US technology leader and innovator in the delivery of quality virtual care and e-pharmacy experiences specializing in women's health, for a total transaction value of approximately US$41.3 million, which includes a future conditional earn-out of up to approximately US$7.4 million (the "Transaction").
Quick answer
WELL Health Technologies Corp is acquiring Wisp, announced October 1, 2021.
- How much did WELL Health Technologies Corp pay for Wisp?
- The deal value was not disclosed.
- What does WELL Health Technologies Corp do?
- WELL aims to positively impact health outcomes by leveraging technology to empower and support patients and healthcare providers.
- Where are WELL Health Technologies Corp and Wisp based?
- Wisp is based in San Francisco, California, United States.
- Who are the decision-makers at WELL Health Technologies Corp?
- Fundz holds 1 contact at WELL Health Technologies Corp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Wisp?
Wisp was acquired by WELL Health Technologies Corp. The deal was reported on October 1, 2021. WELL aims to positively impact health outcomes by leveraging technology to empower and support patients and healthcare providers. WELL is a purpose-driven company. WELL Health Technologies Corp is privately held and operates in Health Care.
When did WELL Health Technologies Corp acquire Wisp?
WELL Health Technologies Corp's acquisition of Wisp was reported on October 1, 2021. WELL Health Technologies Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Wisp do?
Wisp is the largest pure play women’s telehealth company in the U.S. focused on providing sexual and reproductive health solutions to its more than 1.4 million patients in all 50 states. It is privately held, operating in Health Care, and is based in San Francisco.
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