Add-on Acquisition • Healthcare Services

NeuPath Acquires HealthPointe Medical Centres

On February 8, 2021, NeuPath acquired healthcare services company HealthPointe Medical Centres for 5M USD

Acquisition Context
  • This is NeuPath’s 1st transaction in the Healthcare Services sector.
  • This is NeuPath’s largest (disclosed) transaction.
  • This is NeuPath’s 1st transaction in Canada.
  • This is NeuPath’s 1st transaction in Alberta.

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M&A Deal Summary

Date February 8, 2021
Target HealthPointe Medical Centres
Sector Healthcare Services
Buyer(s) NeuPath
Deal Type Add-on Acquisition
Deal Value 5M USD
Advisor(s) Baker & McKenzie
Bennett Jones (Legal)

Target Company

HealthPointe Medical Centres

Edmonton, Alberta, Canada
HealthPointe Medical Centres Ltd. is a pain, spine, and sport medicine clinic services. HealthPointe Medical Centres is based in Edmonton, Alberta.
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Buyer Overview 1

Buyer

NeuPath

Mississauga, Ontario, Canada

Category Company
Sector Healthcare Services
Employees148
Revenue 73M CAD (2024)
DESCRIPTION

NeuPath is a provider of chronic pain management services that operates under two leading brands in Ontario: CPM – Centres for Pain Management and InMedic Creative Medicine. NeuPath is based in Mississauga, Ontario.


Deal Context for Buyer #
Overall 1 of 3
Sector: Healthcare Services 1 of 2
Type: Add-on Acquisition 1 of 3
State: Alberta 1 of 1
Country: Canada 1 of 3
Year: 2021 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-09 KumoCare

Toronto, Ontario, Canada

KumoCare is a virtual care platform that provides technology services to support home visiting and telemedicine doctors, personal support workers, nurses, psychotherapists, occupational therapists, physiotherapists, chiropractors, speech and language pathologists, social workers, pharmacists, and dieticians, who in turn provide medical services to patients with acute, episodic illnesses and injuries who cannot leave their homes. By providing these services, the complements family doctor by ensuring their patients have access to quality primary care in the comfort of their own homes, even during after-hours. KumoCare is based in Toronto, Ontario.

Buy $2M