WELL Health acquires CRH Medical for $286.6 million, inclusive of credit facility

Chicago, April 22 – WELL Health Technologies Corp. closed on its acquisition of CRH Medical Corp. with a cash purchase of all the equity of CRH for approximately $286.6 million, but a transaction valued at around $372.9 million, inclusive of CRH’s credit facility, according to a press release.

As previously reported, CRH received a $125 million three-year revolving credit facility in October of 2019.

CRH drew on the facility for its recent acquisition of Lake Lanier Anesthesia Associates.

CRH is a North American company that provides gastroenterologists with products and services, based in Vancouver, B.C. CRH is a commercial health-care products and services company also based in Vancouver, B.C.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.