Afya Limited Acquires Glic

May 23, 2022

Afya Limited, through its subsidiary Afya Participações S.A., acquired 100% of Glic, a Brazil-based diabetes care and management app. The purchase (enterprise value R$22 million plus up to R$12 million in earn-outs) expands Afya’s digital services into the physician–patient relationship pillar and strengthens its healthtech ecosystem.

Buyers
Afya Limited
Targets
Glic
Location
São Paulo, Brazil
Transaction Type
Buyout

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