Today in acquisitions: WELL Health, Inkblot, Relay Medical, Alayacare, Ataccama
Five Canadian tech companies have recently made acquisitions or been acquired, including WELL Health, Inkblot, Relay Medical, Alayacare, and Ataccama. Here’s the latest on Canada’s movers and shakers.
WELL Health to acquire Intrahealth for $19 million
Vancouver health services company WELL Health plans to acquire electronic medical records (EMR) provider Intrahealth for $19.25 million. The deal is expected to be completed early during the second quarter of 2021.
WELL plans to pay $10.6 million in cash up front and issue $3.8 million in shares by the closing date to fund the bulk of the transaction, and intends to pay the rest of the cost at a later date, subject to various conditions.