Add-on Acquisition • Internet Software and Services

Teladoc Health Acquires BetterHelp

On January 1, 2015, Teladoc Health acquired internet software and services company BetterHelp for 4M USD

Acquisition Context
  • This is Teladoc Health’s 2nd transaction in the Internet Software and Services sector.
  • This is Teladoc Health’s 9th largest (disclosed) transaction.
  • This is Teladoc Health’s 3rd transaction in the United States.
  • This is Teladoc Health’s 1st transaction in California.

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M&A Deal Summary

Date January 1, 2015
Target BetterHelp
Sector Internet Software and Services
Buyer(s) Teladoc Health
Deal Type Add-on Acquisition
Deal Value 4M USD

Target Company

BetterHelp

Sunnyvale, California, United States
BetterHelp is an online provider of direct-to-consumer, behavioral health services.
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Buyer Overview 1

Buyer

Teladoc Health

New York, New York, United States

Category Company
Founded 2002
Sector Healthcare Services
Employees4,620
Revenue 2.6B USD (2024)
DESCRIPTION

Teladoc Health 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, and non-emergency medical problems via phone, recommend treatment, and prescribe medications when necessary. Teladoc Health was founded in 2002 and is based in New York, New York.


Deal Context for Buyer #
Overall 3 of 12
Sector: Internet Software and Services 2 of 2
Type: Add-on Acquisition 3 of 11
State: California 1 of 3
Country: United States 3 of 11
Year: 2015 1 of 2
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 AmeriDoc

Dallas, Texas, United States

AmeriDoc LLC is a provider of on-demand health care access services. AmeriDoc’s telemedicine services provide affordable, convenient, secure access to healthcare 24/7/365 anytime, anywhere. Members connect with a nationwide network of board certified physicians through, phone, email, and secure video.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-08 Stat Health Services

Scottsdale, Arizona, United States

Stat Health Services, Inc. offers the online doctor visit services.

Buy -