M&A Deal Summary

Teladoc Acquires BetterHelp

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

Acquisition Highlights
  • This is Teladoc’s 2nd transaction in the Internet Software and Services sector.
  • This is Teladoc’s 7th largest (disclosed) transaction.
  • This is Teladoc’s 3rd transaction in the United States.
  • This is Teladoc’s 1st transaction in California.

M&A Deal Summary

Date 2015-01-01
Target BetterHelp
Sector Internet Software and Services
Buyer(s) Teladoc
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

BetterHelp

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

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Buyer(S) 1

Buyer

Teladoc

Purchase, New York, United States

Category Company
Founded 2002
Sector Healthcare Services
Employees3,652
Revenue 1.1B USD (2020)
DESCRIPTION

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 3 of 9
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 3 of 8
State (California) 1 of 3
Country (United States) 3 of 9
Year (2015) 1 of 2
Size (of disclosed) 7 of 7
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 -