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.
Green Shield Canada partnering with SmileDirectClub to deliver virtual dental care to plan members benefitscanada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benefitscanada.com Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SmileDirectClub Partners With Leading Dental Insurer Green Shield Canada
SmileDirectClubJanuary 27, 2021 GMT
NASHVILLE, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, has partnered with Green Shield Canada, one of Canada’s largest dental insurance providers, to deliver in-network coverage of SmileDirectClub’s convenient, affordable, remote orthodontic care to millions of individuals insured under its dental plans.
ADVERTISEMENT
“Our partnership with Green Shield Canada marks a milestone for teledentistry in Canada by providing millions of customers with in-network coverage of SmileDirectClub premium clear aligner therapy in Canada,” said David Katzman, Chief Executive Officer of SmileDirectClub. “We’re proud to announce Green Shield Canada as our fir