Leading UK healthcare SaaS business acquired by Canada’s premier wellness platform
April 2022 — TicTrac Ltd has been sold to Dialogue Health Technologies.
TicTrac is a UK-based SaaS provider of a global health and wellness platform. The company supports employers and insurance partners, engaging their employees and customers to improve overall wellness, and driving positive outcomes through meaningful insights. Its go-to-market strategy includes both a business-to-business (B2B) approach, as well as a business-to-insurance (B2I) approach, working with four of the largest global insurance companies.
Dialogue Health Technologies is Canada’s premier virtual healthcare and wellness platform. Its integrated platform improves the health and wellness of organizations by providing access to the most impactful programs in the industry, all in one place.
According to Dialogue, the acquisition of TicTrac represents a unique opportunity to accelerate the development of Dialogue’s Integrated Health PlatformTM (“IHP”) through the addition of a high margin, SaaS-based digital health and wellness offering. The two companies share similar operating cultures of challenging the status quo and are strategically aligned in their respective missions to improve health and well-being. Martin Blinder, co-founder and CEO of TicTrac, will continue to lead the TicTrac team, reporting to Cherif Habib, CEO of Dialogue.
Our role in the transaction
Oaklins Cavendish, based in the UK, acted as sell-side advisor in this transaction.
Prata med transaktionsteamet
Relaterade transaktioner
Valuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Lär dig merBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Lär dig merMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Lär dig mer