Add-on Acquisition • Healthcare Services

TELUS Health Acquires X-Ray 505

On May 14, 2025, TELUS Health acquired healthcare services company X-Ray 505

Acquisition Context
  • This is TELUS Health’s 1st transaction in the Healthcare Services sector.
  • This is TELUS Health’s 2nd transaction in Canada.
  • This is TELUS Health’s 1st transaction in British Columbia.

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M&A Deal Summary

Date May 14, 2025
Target X-Ray 505
Sector Healthcare Services
Buyer(s) TELUS Health
Deal Type Add-on Acquisition
Advisor(s) Capital West Partners (Financial)

Target Company

X-Ray 505

Vancouver, British Columbia, Canada
X-Ray 505 specializes in breast imaging, general ultrasound, and digital radiography. X-Ray 505 is based in Vancouver, British Columbia.
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Buyer Overview 1

Buyer

TELUS Health

Montreal, Quebec, Canada

Category Company
Sector Information Technology
DESCRIPTION

TELUS Health is a provider in telehomecare, electronic medical and health records, consumer health, benefits management and pharmacy management. TELUS Health is based in Montreal, Quebec.


Deal Context for Buyer #
Overall 3 of 3
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: British Columbia 1 of 1
Country: Canada 2 of 2
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-14 Workplace Options

Raleigh, North Carolina, United States

Workplace Options is an independent wellbeing provider that provides information, resources, referrals, and consultation on a variety of issues ranging from dependent care and stress management to clinical services and wellness programs. Workplace Options was founded in 1982 and is based in Raleigh, North Carolina.

Buy -