Seller: Volpara Health
Buyer: Lunit
Announced: December 2023
Deal Value: $192M
EV/S Multiple: 7.9x
New Zealand-based AI-enabled breast cancer detection software, Volpara Health, was acquired by South Korean rival, Lunit, for $192M at 7.9 times revenue to strengthen its product portfolio and expand further into the US healthcare market.
Seller: LumiraDx
Buyer: Roche
Announced: December 2023
Deal Value: $350M
UK-based point-of-care diagnostics business of LumiraDx was bought by Swiss pharmaceutical company Roche for $350M to transform testing at the point of care.
Seller: Winnow AI
Buyer: Aya Healthcare
Announced: November 2023
AI-driven predictive physician insights and recruitment SaaS provider Winnow AI was picked up by Aya Healthcare to further build up its AI capabilities for staffing, hiring and retention.
Seller: Noventicare
Buyer: Volaris (Constellation)
Announced: November 2023
German AI-based care management software, Noventicare was bought by Constellation’s subsidiary Volaris.
Seller: Doctor On Demand
Buyer: Vitura Health
Announced: October 2023
Deal Value: $25M
The Australian telehealth platform Doctor On Demand was purchased for $25M by the cannabis prescription and telehealth platforms provider Vitura Health to widen its telehealth offerings and enter adjacent verticals.
Seller: NextGen Healthcare
Buyer: Thoma Bravo
Announced: September 2023
Deal Value: $1.5B
EV/S Multiple: 2.3x
EMR and practice management SaaS provider, NextGen was taken private for $1.5B at 2.3 times revenue by ThomaBravo.
Seller: Syntelis
Buyer: Roper
Announced: August 2023
Deal Value: $1.3B
Syntelis, an AI-based enterprise performance management and data intelligence SaaS, was bought by Roper for $1.3B.
Seller: Nextech
Buyer: TPG Capital
Announced: July 2023
Deal Value: $1.4B
Nextech, a practice management, revenue and EHR management SaaS, was purchased by TPG Capital for $1.4B.
Seller: Amplexor
Buyer: ArisGlobal
Announced: February 2023
Deal Value: $8B
Amplexor, a regulatory, quality and safety SaaS platform for the life sciences businesses, getting acquired by ArisGlobal for $8B.