M&A Deal Summary

Teladoc Acquires Livongo Health

On August 5, 2020, Teladoc acquired medical products company Livongo Health for 18.5B USD

Acquisition Highlights
  • This is Teladoc’s 1st transaction in the Medical Products sector.
  • This is Teladoc’s largest (disclosed) transaction.
  • This is Teladoc’s 9th transaction in the United States.
  • This is Teladoc’s 3rd transaction in California.

M&A Deal Summary

Date 2020-08-05
Target Livongo Health
Sector Medical Products
Buyer(s) Teladoc
Deal Type Merger
Deal Value 18.5B USD
Advisor(s) Morgan Stanley (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Livongo Health

Mountain View, California, United States
website
Livongo empowers people with chronic conditions to live better and healthier lives, beginning with diabetes and now including hypertension, weight management, diabetes prevention, and behavioral health. Livongo pioneered the category of Applied Health Signals to offer Members clinically based insights that focus on the whole person and make it easier to stay healthy. Using its AI+AI engine, Livongo’s team of data scientists aggregate and interpret substantial amounts of health data and information to create actionable, personalized and timely health signals delivered to Livongo Members exactly when and where they need them. The Livongo approach delivers better clinical and financial outcomes while creating a different and better experience for people with chronic conditions.

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Buyer(S) 1

Buyer

Teladoc

Purchase, New York, United States

website


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 9 of 9
Sector (Medical Products) 1 of 1
Type (Merger) 1 of 1
State (California) 3 of 3
Country (United States) 9 of 9
Year (2020) 2 of 2
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-12 InTouch Health

Santa Barbara, California, United States

InTouch Health, Inc. is a provider of Acute Care Telemedicine (ACT) solutions for high-acuity applications. InTouch Health is based in Santa Barbara, California.

Buy $600M