Industry Bulletins | November 25, 2020
WELL Health To Acquire Canadian Telehealth Platform, INSIG Corporation
WELL Health Technologies Inc., (WELL) entered into a definitive share purchase agreement to acquire 100% of INSIG Corporation for about $22.1 million. WELL had previously held a 40% share of INSIG. After the transaction closes, INSIG will become a wholly-owned subsidiary of WELL. Following closing, INSIG founders Matthew Mazzuca and David Del Balso will continue to lead INSIG.
INSIG is a Canadian virtual care platform with a unique software-as-a-service (SaaS) enabled marketplace currently supporting more than 2,800 health care professionals with approximately 200,000 virtual care appointments served in the last 90 days. The . . .