M&A Deal Summary

Medibio Acquires Vital Conversations Pty

On March 5, 2018, Medibio acquired healthcare services company Vital Conversations Pty

Acquisition Highlights
  • This is Medibio’s 1st transaction in the Healthcare Services sector.
  • This is Medibio’s 1st transaction in Australia.

M&A Deal Summary

Date 2018-03-05
Target Vital Conversations Pty
Sector Healthcare Services
Buyer(s) Medibio
Deal Type Add-on Acquisition

Target

Vital Conversations Pty

Subiaco, Australia
Vital Conversations Pty Ltd is a professional firm specialising in the facilitation of growth and optimum performance for individuals and organisations. Our mission is to build on strengths and bring out new and enriching possibilities for our clients. We do this by engaging them in vital conversations that create insights, build energy and foster innovation.

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Buyer(S) 1

Buyer

Medibio

Melbourne, Australia

Category Company
Founded 1987
Sector Life Science
DESCRIPTION

Medibio is a medical technology company that has developed an objective test to assist in the diagnosis of depression, chronic stress and other mental health disorders. Based on research conducted over 15 years at the University of Western Australia, this test utilizes patented (pending) circadian heart rate variability and cloud based proprietary algorithms to deliver a quantifiable measure to assist in a clinical diagnosis. Clinical studies are being undertaken by Johns Hopkins University School of Medicine and Ottawa University, among others, to validate the test. Medibio was founded in 1987 and is based in Melbourne, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2018 M&A 1 of 1