Better Therapeutics Plans to Go Public in a SPAC Deal
Better Therapeutics, a prescription digital therapeutics (PDT) company, announced plans to go public by merging with special purpose acquisition company Mountain Crest Acquisition Corp II.
KKR to Acquire Therapy Brands for Undisclosed Amount
KKR, an investment firm, announced that it has agreed to acquire a majority interest in Therapy Brands from its existing shareholders – investment funds affiliated
Vesta Healthcare Raises $65 Million in Growth Capital
Vesta Healthcare, a telehealth support provider for caregivers and care recipients, announced a $65 million growth capital round with a focus on senior populations. Deerfield
Firefly Health Secures $40 Million to Expand Virtual Care Services
Firefly Health, a virtual primary care provider, closed a $40 million Series B financing round led by Andreessen Horowitz (a16z). Existing investors F-Prime Capital and
Medxoom Raises $8 Million for its Health Benefits Management Platform
Medxoom, a health benefits management platform, raised an additional $8 million in venture capital from strategic industry investors. The funding round was led by Castellan
Bank of America Acquires Healthcare Payment Platform Axia Technologies
Bank of America announced that it has acquired Axia Technologies (AxiaMed), a healthcare payment platform focused on facilitating secure patient payments. According to the press
WELL Health Acquires Intrahealth For $19.25 Million
Well Health Technologies, an operator of virtual care clinics in British Columbia, acquired EHR-integrated practice management software provider Intrahealth Systems for over $19.25 million. As
SPAC Deals in Digital Health Soared in 2020
The year 2020 is on course to become the year of the special purpose acquisition companies (SPACs) also known as blank check companies, in the
Funding and M&A Roundup: Sunnova Completes Acquisition of SunStreet
Sunnova Energy International, a residential solar and storage service provider, announced that it completed the acquisition of SunStreet Energy Group, Lennar Corporation’s residential solar platform,
Project Finance Brief: Renewable Japan Raises $92.4 Million for a 25.76 MW Solar Project
ReneSola, a fully integrated solar project developer, announced that it closed the sale of a portfolio of projects totaling 12.3 MW in Hungary to Obton, an investment