Saturday, September 13, 2025

WELL Health Closes $12.6 Million Acquisition Of Ontario Clinic

WELL Health (TSX: WELL) has closed the acquisition of ExecHealth, the first such purchase of clinical assets within Ontario. The transaction was originally announced just one month ago, at a purchase price of $12.6 million.

The transaction saw the company acquire a provider of primary care and executive health services within the Ottawa Region. The company reportedly had unaudited revenues of $3.0 million for the year ended February 28, 2021, effectively resulting in the company paying 4.2x top line revenue. EBITDA margins meanwhile are reportedly over 50%.

Consideration for ExecHealth consisted of $6.5 million paid out in cash, as well as $4.2 million paid via the issuance of 561,822 common shares of the company. The remaining $1.9 million is reserved for milestone payments over a “multi-year period,” that can be paid in either cash or shares at WELL’s discretion.

WELL Health last traded at $7.22 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

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

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

Well Health: Canaccord Slashes Price Target To $6

On May 11th, WELL Health Technologies Corp. (TSX: WELL) reported its first quarter financial results....

Wednesday, May 25, 2022, 04:11:00 PM

Well Health, Bombardier To Be Added To S&P/TSX Composite Index

The latest changes for the S&P/TSX Composite Index, assembled by S&P Down Jones Indices, were...

Sunday, September 5, 2021, 12:09:00 PM

WELL Health Announces $12.5 Million Bought Deal Financing

WELL Health Technologies (TSX: WELL) is returning to the trough again, this time under a...

Tuesday, May 5, 2020, 08:40:25 AM

WELL Health Streamlines Operations Into Two Business Lines

WELL Health Technologies Corp. (TSX: WELL) seems to be reorganizing and streamlining its operations. The...

Thursday, October 28, 2021, 11:28:00 AM

Well Health Claims Record Revenues In May, Provides No Hard Details

Well Health Technologies (TSX: WELL) this morning attempted to rally its base amidst its endless...

Friday, June 10, 2022, 08:07:33 AM