VSee Health Signs LOI to Acquire Healthcare Platform with Over $35 Million in Annualized Revenue
VSee Health (NASDAQ:VSEE) has signed a non-binding letter of intent to acquire healthcare technology and operating assets from a platform generating over $35 million annually. The target, which also reports approximately $7 million in EBITDA, is expected to be acquired for around $42 million without initial shareholder dilution. The acquisition aims to expand VSee's existing telehealth offerings by integrating the new healthcare commerce capabilities into its API-driven virtual care platform. This move could significantly enhance VSee’s scale and diversify its business model beyond software services, potentially strengthening its competitive position in digital health infrastructure. However, as this is a preliminary agreement, it remains subject to due diligence, definitive agreements, regulatory approvals, and other customary conditions. There are no guarantees the deal will proceed.
Tickers: $VSEE
Topics: acquisition healthcare technology revenue growth telehealth platform