M&A Deal Summary

MediBuddy Acquires vHealth

On February 9, 2023, MediBuddy acquired healthcare services company vHealth from Aetna

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

M&A Deal Summary

Date 2023-02-09
Target vHealth
Sector Healthcare Services
Buyer(s) MediBuddy
Sellers(s) Aetna
Deal Type Divestiture

Target

vHealth

New Delhi, India
vHealth is an innovative primary healthcare service provider that offers subscription-based primary healthcare services such as telehealth consultations, an extensive outpatient network, pharmacy, diagnostics, and dental among other benefits to customers. vHealth is based in New Delhi, India.

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Buyer(S) 1

Buyer

MediBuddy

Bangalore, India

Category Company
Sector Internet Software and Services
DESCRIPTION

MediBuddy is a digital healthcare transformation platform that has a partner network of 90,000+ doctors, 7,100+ hospitals and clinics, 4,000+ diagnostic centers, 2,500+ pharmacies along with a team size of 2200+ members. It has created an integrated healthcare ecosystem that offers patients seamless access anytime and anywhere. With its healthcare services available in 16 Indian languages to enable customer-friendly consultation, MediBuddy is bridging the Urban-Rural quality healthcare divide. The company offers online and offline doctor consultations, medicine delivery, lab tests at home, mental health consultations, surgery care, among other healthcare services. MediBuddy is based in Bangalore, India.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Aetna

Hartford, Connecticut, United States

Category Company
Founded 1853
Sector Insurance
Employees50,100
Revenue 63.2B USD (2016)
DESCRIPTION

Aetna, Inc. is a diversified health care benefits company. Aetna offers medical, pharmaceutical, dental, behavioral health, long-term care, and disability health-care plans. Aetna was founded in 1853 and is based in Hartford, Connecticut.


DEAL STATS #
Overall 7 of 7
Sector: Healthcare Services M&A 2 of 2
Type: Divestiture M&A Deals 6 of 6
Country: India M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 PayFlex

Omaha, Nebraska, United States

PayFlex is an independent account-based health plan administrator. The company provides proprietary web-based benefit administration services and solutions for plan sponsors who offer consumer-based products such as Health Savings Accounts (HSAs), Health Reimbursement Accounts (HRAs), and Flexible Spending Accounts (FSAs), and also provides COBRA direct-billing services. PayFlex was formed in 1986 and is based in Omaha, Nebraska.

Sell -