Tuesday, September 16, 2025

WELL Health Acquires 51% Stake In Easy Allied Health

WELL Health Technologies (TSX: WELL) this morning continued with its healthcare consolidation strategy, announcing that it will be acquiring a majority stake in Easy Allied Health. Easy Allied is a private, BC-based healthcare facility that focuses on kinesiology, counselling, physiotherapy, and occupational therapy.

Easy Allied currently has a staff of 17 service providers, whom are focused on providing an integrated health experience. The company currently provides both in-clinic and in-residence care, while also providing care to independent and long term care homes. Easy Allied currently is said to have a revenue run rate of roughly $1.0 million, with EBITDA margins said to exceed 35%.

The arrangement will see WELL acquire a 51% in the private operator, with the remaining 49% stake staying the hands of Armin Ghayyur, the founder and CEO of the firm. In exchange for this stake, WELL is to pay $1.1 million in total consideration. Following the closing of the transaction, Ghayyur will continue to operate the company.

Payment is to consist of cash to the tune of $783,750, as well as $41,250 to be deposited in escrow, with the remaining $275,000 to be payable in cash or common shares during a time-based earn out period. The company also has a call option on the remaining portion of the firm.

WELL Health last traded at $7.64 on the TSX.


Information for this briefing was found via Sedar and WELL Health Technologies Corp. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

CloudMD Sells Several Assets At A Loss To Well Health

CloudMD Software & Services (TSXV: DOC) is apparently in the process of selling off certain...

Tuesday, October 11, 2022, 09:32:29 AM

Well Health To Raise $65.0 Million Via Convertible Debt

Well Health Technologies (TSX: WELL) is returning to the trough just days after reporting its...

Tuesday, November 16, 2021, 08:25:55 AM

Well Health Looks To Renew Share Buyback Program

Well Health (TSX: WELL) is looking to renew its normal course issuer bid, despite hardly...

Tuesday, April 26, 2022, 09:29:17 AM

Haywood Reiterates $12 Price Target On Well Health

On January 20th, Well Health (TSX: WELL) provided a business update which included fourth quarter...

Monday, January 24, 2022, 04:22:00 PM

WELL Health Sees CRH Acquire Connecticut Operator, Announces Approval Of Share Buyback Program

WELL Health Technologies Corp. (TSX: WELL) announced today that its recently acquired subsidiary CRH Medical...

Monday, May 10, 2021, 09:43:47 AM