Mergers and acquisitions
This comes five years after Advent Partners and Geoffrey Sayer, who became its CEO, bought the company.
The announcement comes just three months after XRHealth announced it acquired cognitive training VR platform NeuroReality and its assets.
Vitalchat also garnered $6 million in a Series A round, and Cerula Care secured $3.7 million in an oversubscribed seed funding round.
The alliance will result in the integration of Kyruus Health's care access platform with aha!'s "low-code/no-code" health experience platform.
The deal includes an additional $5 million that could be paid to Catapult based on its performance after the sale.
NeuroFlow will partner with Quartet’s customers to combine its capabilities aimed at improving the continuity and cost of care.
The companies' boards of directors say the merger will make it easier for people to access affordable healthcare.
John Saran, a partner at Holland & Knight, says now that the election is over and uncertainty has been addressed, healthcare clients are generally optimistic and are anticipating a return to normal when it comes to deal making in 2025.
When considering a merger or acquisition, potential buyers should ask for the seller’s security policies and procedures, a risk analysis, and whether they have had recent security incidents, says Adam Greene, partner at Davis Wright Tremaine.
Leaders from both organizations discuss the motivations behind and the goals of Informa Markets' deal to manage the HIMSS Global Health Conference and Exhibition.