M&A Deal Summary

amwell Acquires Conversa Health

On July 28, 2021, amwell acquired information technology company Conversa Health

Acquisition Highlights
  • This is amwell’s 1st transaction in the Information Technology sector.
  • This is amwell’s 2nd transaction in the United States.
  • This is amwell’s 1st transaction in Oregon.

M&A Deal Summary
Date 2021-07-28
Target Conversa Health
Sector Information Technology
Buyer(s) amwell
Deal Type Add-on Acquisition

Target

Conversa Health

Portland, Oregon, United States
Conversa Health is a provider of an automated virtual healthcare for Northwell Health, UCSF Health, UNC Health, University Hospitals and Prisma Health to remotely manage and engage patients by delivering configurable, automated text-based conversations to support a wide range of clinical needs – from pre-admission patient education and preparedness to post-acute monitoring, to chronic care management and more. Conversa Health is based in Portland, Oregon.

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Buyer(S) 1

Buyer

amwell

Boston, Massachusetts, United States
Category Company
Founded 2006
Sector Information Technology
Employees1,104
Revenue 259M USD (2023)
DESCRIPTION

amwell is a telehealth platform that connects and enables providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers telehealth solutions for over 130 health systems comprised of 2,000 hospitals and 55 health plan partners with over 7,000 employers, covering over 150 million lives. amwell was founded in 2006 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Oregon) 1 of 1
Country (United States) 2 of 2
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Silvercloud Health

Dublin, Ireland

Silvercloud Health is a provider of digital mental health platform which provides accessible, scalable, digital behavioral healthcare. Silvercloud Health is based in Dublin, Ireland.

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