Seller: Alfie
Buyer: KnownWell
Announced: June 2024
Alfie, an online AI-based obesity management platform, was acquired by KnownWell to add AI capabilities to its obesity care services and boost its clinical decision support system.
Seller: VeroSource Solutions
Buyer: Healwell AI
Announced: June 2024
Deal Value: $14.2M
AI-based data management software provider VeroSource Solutions was purchased for $14.2M by Healwell AI to widen its data interoperability and visualization capabilities and expand its footprint.
Seller: Edwards Lifesciences
Buyer: BD
Announced: June 2024
Deal Value: $4.2B
EV/S Multiple: 4.6x
Critical Product Line of Edwards Lifesciences, which provides patient monitoring platform with advanced AI algorithms, was acquired by BD for $4.2B, making it the largest HealthTech megadeal so far this year.
Seller: Quintessence Business Solution&Services
Buyer: Firstsource Solutions
Announced: May 2024
Deal Value: $39.3M
EV/S Multiple: 2.7x
Revenue cycle management BPM services provider Quintessence Business Solution&Services was bought by a rival Firstsource Solutions for $39.3M at 2.7x revenue to strengthen its RCM solutions with AI-driven technology and to expand its US footprint.
Seller: ArtiQ
Buyer: Clario
Announced: April 2024
AI-powered patient diagnosis and monitoring software provider ArtiQ was acquired by AI-based clinical trial data analytics SaaS Clario to expand its existing portfolio offerings with AI capabilities, especially its respiratory solutions.
Seller: Specialty Networks
Buyer: CardinalHealth
Announced: January 2024
Deal Value: $1.2B
Specialty Networks, a group purchasing contract and practice enhancement software, was acquired by CardinalHealth for $1.2B.