Dario Acquires Digital Health Platform Twill

Dario Acquires Digital Health Platform Twill

DarioHealth Corp. announced on February 21 that it acquired Twill, Inc., formerly known as Happify Health. Under the terms of the Twill acquisition, Dario paid $10 million in cash and agreed to issue approximately 10 million shares of common stock in the form of pre-funded warrants for the benefit of Twill’s debt holders and equity holders. The warrants will vest in four equal amounts at 270 days, 360 days, 540 days and 720 days, post deal closing. Twill is a global software-enabled healthcare platform that provides digital therapeutics and care delivery models focusing on mental and physical health. It partners with enterprises, pharma companies and health plans to create new... Read More »
Apollo Intelligence Expands Life Sciences Offerings With GlocalMind Acquisition

Apollo Intelligence Expands Life Sciences Offerings With GlocalMind Acquisition

Apollo Intelligence announced that it has acquired GlocalMind, a global technology-driven healthcare market research services and panel company. By adding GlocalMind’s real-time panel sourcing network and recruiting capabilities to its platform, Apollo expands its panel access to global healthcare professionals and key opinion leaders. This will help deliver multi-country healthcare market research with industry-leading speed-to-insights and high-quality data.  Founded in 2010 and headquartered in Bengaluru, India, GlocalMind is a multi-mode healthcare data collection/sampling company supporting clients with their healthcare market research needs. GlocalMind provides access to 1.5... Read More »
Apollo Intelligence Expands Life Sciences Offerings With GlocalMind Acquisition

Cotiviti Announces Recapitalization with KKR and Veritas Capital

Cotiviti announced that it has entered into a definitive agreement to recapitalize the business with affiliates of its long-standing partner Veritas Capital and investment funds managed by KKR. Cotiviti is a healthcare analytics company based in Wilton, Connecticut. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. Veritas Capital is a private equity firm which invests in companies that provide critical products and services, primarily technology and technology-enabled solutions to the aerospace and defense, healthcare, technology, communications, energy and education industries. KKR is a leading global investment... Read More »
TruDoc Healthcare Acquires Wellthy Therapeutics

TruDoc Healthcare Acquires Wellthy Therapeutics

TruDoc Healthcare announced that it has acquired Mumbai, India-based Wellthy Therapeutics, Asia’s leading clinically validated chronic disease management platform.  Founded in 2011 in the United Arab Emirates, TruDoc is a telehealth and virtual care provider, including virtual clinics and hospitalist programs for telemonitoring for acute and chronic care. Private equity firm Pulsar Capital acquired a majority stake in TruDoc in September 2023.  The integration of Wellthy Therapeutics’ behavioral science and digital therapeutic solutions with TruDoc’s virtual and in-home healthcare services ensures round-the-clock access to high-quality care, tailored treatment plans and... Read More »
Hamilton Beach Health Acquires RPM Company HealthBeacon

Hamilton Beach Health Acquires RPM Company HealthBeacon

Hamilton Beach Brands Holding Company announced that its Hamilton Beach Health subsidiary has acquired HealthBeacon, which has been a strategic partner of Hamilton Beach Health since 2021. The two companies had previously entered an exclusive multiyear agreement for Hamilton Beach Health to market and distribute HealthBeacon’s primary product in the United States.  HealthBeacon develops connected devices that enable patients with chronic conditions to manage their injectable medication regimens at home and provides other health services. Founded in 2013 in Dublin, Ireland, HealthBeacon operates in the United Kingdom, Europe, North America and Australia. Its revenue model is... Read More »
Aquiline Capital Partners Makes Majority Investment in Health Prime International

Aquiline Capital Partners Makes Majority Investment in Health Prime International

Aquiline Capital Partners announced that it has made a majority investment in Health Prime International, headquartered in National Harbor, Maryland.  Health Prime International provides practice management and revenue cycle management (RCM) solutions to medical practices across the United States. Founded in 2004, Health Prime provides RCM solutions to more than 800 clients across 50 specialties.  Aquiline Capital Partners is a private equity firm that invests in businesses across the globe. It has more than $10 billion in assets under management, with a focus on investing in companies across the financial services and technology, healthcare and business services... Read More »