M&A Deal Summary

FairMed Online Pte Acquires Caremondo

On November 7, 2016, FairMed Online Pte acquired information technology company Caremondo

Acquisition Highlights
  • This is FairMed Online Pte’s 1st transaction in the Information Technology sector.
  • This is FairMed Online Pte’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-11-07
Target Caremondo
Sector Information Technology
Buyer(s) FairMed Online Pte
Deal Type Add-on Acquisition

Target

Caremondo

Munich, Germany
Caremondo is a full-service global platform for high-quality medical travel. It allows patients to compare and book medical, dental, and aesthetic treatments abroad in more than 160 accredited partner healthcare facilities in over 20 countries worldwide. Additionally, it accompanies patients along the entire value chain offering comprehensive services for patient convenience including visa processing, flight and hotel bookings, and translations.

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Buyer(S) 1

Buyer

FairMed Online Pte

Singapore, Singapore

Category Company
Sector Information Technology
DESCRIPTION

FairMedOnline is a digital healthcare company based in Singapore. It offers independent medical second opinions and online access to more than 100 renowned German specialists for patients across Asia, the Middle East and Africa. FairMedOnline`s experts cover a variety of medical fields striving to make world-class medical services accessible in an easy, independent and transparent way. With the acquisition, FairMedOnline becomes an international one-stop supplier for medical care abroad.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1