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WELL Health Completes Acquisition of CRH Medical
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Monumental acquisition significantly boosts WELL s revenue and EBITDA
(1) profile, dramatically enhances its U.S. operations, and provides WELL with additional inorganic and organic growth opportunities.
WELL s technology and shared services teams will work with CRH to help digitize and modernize operations in a manner similar to how WELL has executed in the primary healthcare space in Canada.
CRH recently reported its audited Q4 2020 results with US$36.8M in quarterly revenue reflecting 21% YoY growth. CRH s adjusted operating EBITDA
(2) for the same period was $16.1M, demonstrating strong 44% adjusted operating EBITDA margin