M&A Deal Summary

Numinus Wellness Acquires Neurology Centre of Toronto

On September 23, 2021, Numinus Wellness acquired healthcare services company Neurology Centre of Toronto for 500K USD

Acquisition Highlights
  • This is Numinus Wellness’ 1st transaction in the Healthcare Services sector.
  • This is Numinus Wellness’ 2nd largest (disclosed) transaction.
  • This is Numinus Wellness’ 1st transaction in Canada.
  • This is Numinus Wellness’ 1st transaction in Ontario.

M&A Deal Summary
Date 2021-09-23
Target Neurology Centre of Toronto
Sector Healthcare Services
Buyer(s) Numinus Wellness
Deal Type Add-on Acquisition
Deal Value 500K USD

Target

Neurology Centre of Toronto

Toronto, Ontario, Canada
website
Neurology Centre of Toronto is a multi-disciplinary, community-based that utilizes a model of care that brings together neurologists, neurology-related specialists, and allied health practitioners to address the complex conditions that affect patients’ health and well-being. Neurology Centre of Toronto is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Numinus Wellness

Vancouver, British Columbia, Canada

website

Category Company
Founded 1964
Sector Healthcare Services
Revenue 6M CAD (2022)
DESCRIPTION

Numinus Wellness helps people to heal and be well through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. Numinus Wellness was founded in 1964 and is based in Vancouver, Canada.

DEAL STATS #
Overall 1 of 2
Sector (Healthcare Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2021) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-12 Novamind

Toronto, Ontario, Canada

Novamind is a mental health company enabling safe access to psychedelic medicine through a network of clinics and clinical research sites. The company provides ketamine-assisted psychotherapy and other novel treatments through its network of integrative mental health clinics and operates a full-service contract research organization specializing in clinical trials and evidence-based research for psychedelic medicine. Novamind is based in Toronto, Ontario.

Buy CA$26M
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