M&A Deal Summary |
|
|---|---|
| Date | 2017-06-19 |
| Target | Best Doctors |
| Sector | Healthcare Services |
| Buyer(s) | Teladoc |
| Sellers(s) | Schooner Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 375M USD |
| Advisor(s) | William Blair (Financial) Ropes & Gray (Legal) |
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| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Healthcare Services |
| Employees | 3,652 |
| Revenue | 1.1B USD (2020) |
Teladoc is a national network of board certified, state licensed primary care physicians who provide telephone-based consultations 24 hours a day. Teladoc physicians diagnose routine care, non-emergency medical problems via phone, recommend treatment and prescribe medications when necessary. Teladoc Health was founded in 2002 and is based in Purchase, New York.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector (Healthcare Services) | 2 of 3 |
| Type (Add-on Acquisition) | 6 of 8 |
| State (Massachusetts) | 1 of 2 |
| Country (United States) | 6 of 9 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-30 |
HealthiestYou
Scottsdale, Arizona, United States HealthiestYou, Inc. is a provider of telehealth consumer engagement technology platform for the small- to mid-sized employer market. HealthiestYou offers members a suite of tools to easily control their health care access and costs, including physician locator, prescription pricing and benefits lookup, all through a fully-integrated, best-in-class interface. |
Buy | $45M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-31 |
Advance Medical
Westwood, Massachusetts, United States Advance Medical, Inc. is a physician-based telemedicine provider offering employers and insurers the ability to provide top-quality, concierge-level medical advice and support to patients around the globe via offices in the U.S., Europe, Asia, and South America. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1971 |
| Size | Small |
| Type | Sector Agnostic |
Schooner Capital is a private investment firm and family office focused on direct company investments, as well as investing through independent managers. For direct company investments, Schooner invests across a variety of stages and sectors. The Firm is particularly attracted to businesses with 'recurring revenue, capital efficiency, and protective moats'. Schooner was formed in 1971 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 3 |
| State (Massachusetts) | 2 of 3 |
| Country (United States) | 2 of 4 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-21 |
Topokine Therapeutics
Boston, Massachusetts, United States Topokine Therapeutics, Inc. is a clinical-stage biotechnology company developing topical prescription medications to contour the face and body non-invasively. |
Sell | $85M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-02 |
SpottedRisk
New York, New York, United States SpottedRisk is a specialty analytics and underwriting firm that focuses on building new data-driven insurance products that address the gaps in coverages in the entertainment and event industries, among others – SpottedRisk uses defensible analytics to improve the underwriting and evaluation of emerging and specialty risks that take advantage of time-sensitive market dislocations. |
Buy | - |
