Numinus Wellness Inc. Acquires Novamind Inc.
April 12, 2022
Numinus Wellness Inc. agreed to acquire all issued and outstanding common shares of Novamind Inc. in an all‑share, court‑approved plan of arrangement valued at approximately C$26.2 million (fully diluted). The deal, expected to close in June 2022, creates a combined operator with 13 wellness clinics, approximately C$10 million in pro‑forma annual revenue, and an expected C$3 million in annual cost synergies.
- Buyers
- Numinus Wellness Inc.
- Targets
- Novamind Inc.
- Industry
- Healthcare Services
- Location
- Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Numinus Wellness to Acquire MedBright AI Investments Inc.
June 20, 2024
AI & Machine Learning
Numinus Wellness Inc. has executed a letter of intent to acquire MedBright AI Investments Inc. via a statutory plan of arrangement, with Numinus issuing approximately 1.86 shares per MedBright share (≈204.7M shares, ~39% pro forma). The deal combines MedBright's AI-enabled clinical solutions with Numinus' clinic operations and psychedelic-assisted therapy expertise to AI-enable mental health clinics across the U.S. and strengthen the combined company's path to revenue growth and positive EBITDA.
-
NewLeaf Brands to Acquire Mindleap Health Inc.
May 20, 2020
Healthcare Services
NewLeaf Brands Inc. signed a non-binding letter of intent to acquire 100% of Mindleap Health Inc. via a share exchange, with consideration of CAD $3.5 million in NewLeaf common shares plus additional cash investments. Mindleap is a digital mental-health and telehealth platform focused on mood, emotion and habit tracking and psychedelic aftercare, and the deal is intended to accelerate Mindleap’s time-to-market and expand NewLeaf’s digital health capabilities.
-
Nomi Health Acquires I Am Wellness
May 17, 2023
Healthcare Services
Nomi Health has acquired Phoenix-based clinic I Am Wellness to expand access to opioid use disorder (OUD) and substance use disorder (SUD) treatment across Arizona. The clinic will join Nomi's in-person and virtual population health programs to provide medication-assisted treatment, mental health services, peer support and social services targeting underserved and Medicaid populations.
-
Otsuka Pharmaceutical Acquires Mindset Pharma
August 31, 2023
Biotechnology
Otsuka Pharmaceutical Co., Ltd., through its wholly owned U.S. subsidiary Otsuka America, Inc., agreed to acquire Mindset Pharma Inc. in an all-cash statutory plan of arrangement valued at approximately CAD 80 million. The acquisition adds Mindset’s next-generation psychedelic and non-psychedelic drug discovery assets and synthesis capabilities to Otsuka’s psychiatry and neurology pipeline.
-
7NXT (Oakley Capital portfolio) Acquires 7Mind to Build Combined Fitness & Wellbeing Platform
December 22, 2023
Healthcare Services
Oakley Capital portfolio company 7NXT, which owns Gymondo, has acquired German mental wellbeing app 7Mind to create a combined digital platform for physical and mental fitness with more than 650,000 paying subscribers. The deal expands product capabilities (adding mindfulness and meditation content), diversifies the customer base into more B2B relationships (including health insurers and corporates), and creates scale for further international growth and M&A.
-
Nokken Acquires Space of Mind to Expand Into Design-Led Wellness
February 23, 2026
Building Products
Nokken, a London-based modular cabin provider, has acquired Finnish cabin maker Space of Mind Oy to integrate its modular cabins and sauna range into Nokken's product ecosystem. The acquisition broadens Nokken's offering into design-led wellness, allowing the company to better serve hospitality, resort, spa and retreat clients with low-impact wellness infrastructure.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.