WPF Holdings Acquires Virtual Health Holdings (CareClix) to Integrate Telemedicine into Vezbi Super App
October 4, 2023
WPF Holdings, Inc. (operator of the Vezbi Super App) has signed a definitive agreement to acquire Virtual Health Holdings, Inc. (the parent of the CareClix telemedicine group) in a stock-for-stock transaction. WPFH will issue 6 million unregistered common shares (with up to 4 million additional shares contingent on performance) and provide working capital to integrate CareClix's virtual healthcare services into the Vezbi Super App to expand direct-to-consumer and enterprise telehealth offerings.
- Buyers
- WPF Holdings, Inc.
- Targets
- Virtual Health Holdings, Inc., CareClix (CareClix group)
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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