WELL Health Improves Guidance Based on WELL Canada Achieving $100 Million in Annualized Adjusted EBITDA Run-Rate Ahead of Schedule

Acquisitions

Summary

WELL Health says it reached its $100 million annualized Adjusted EBITDA run-rate goal for WELL Canada earlier than expected. The company also closed two acquisitions in Ontario and Québec: OID Group and a controlling stake in UnionMD. These deals expand WELL’s Canadian clinic network to about 270 locations and add stronger margin businesses to its platform. WELL expects the acquisitions to lift its 2026 EBITDA outlook above the previously announced range and plans to give a fuller update with second-quarter results.

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