WELL Health Technologies Corp T.WELL

Another acquisition target

[thelostarc]

What do the rational investor and level-headed humans on this board think about PointClickCare out of Mississauga, Ontario as an acquisition target? They just announced a sizable transaction for a Audacious Inquiry, and are in the health software space.

[speedy99]

I understand that PointClickCare is worth 4 billion dollars, so I don't see it as an acquisition target for WELL with a current market cap less than a billion.

[thelostarc]

Speedy99, how did you arrive at that valuation? Since it's a private company, information is sparse. I do see last year revenue at $350MM mark.

[speedy99]

from an article in yesterday's globe and mail: "A month after that acquisition, the company’s largest investor, Dragoneer Investment Group and fellow U.S. private equity firm Hellman & Friedman LLC bought out most of earlier shareholder JMI Equity’s stake in a deal valuing PointClickCare at US$4-billion."

[monty613]

info below with the valuation based on a recent financing round. this company would not be on WELL's radar at all. https://betakit.com/pointclickcare-reportedly-valued-at-4-billion-usd-following-new-minority-investment/#:~:text=PointClickCare%20reportedly%20valued%20at%20%244%20billion%20USD%20following%20new%20minority%20investment,-Share%20on%3A WELL is likely going to focus on acquiring

[thelostarc]

Thanks Monty and Speedy!  Yes, a diagnostics business. I've been rooting for this corner of the health sector and it would be fantastic if WELL could pick it up! Might make a good subsidary home for further diagnostics acquisitions.

[HotDiggityDogg]

How about Google lostarc? Do you think WELL should takeover Google at its current stock price of $4.50?  

[bandit69]

Of course they can.  WELL has the tech to print their own currency and are a bulletproof company.  They just need to add a Superman cape to their logo.