About This Deal

Afya Limited acquired Glic for R$30.6 million.

On May 23, 2022, Afya Brazil acquired 100% of Quasar Telemedicina Desenvolvimento de Sistemas Computacionais Ltda. ("Glic"), a free diabetes care and management app for physicians and patients that uses technology to connect users, devices and healthcare providers. The acquisition was allocated to Afya's Digital Services segment.

Extends Afya's digital-health offering into chronic-disease (diabetes) management, with goodwill reflecting expected synergies in the Digital Services segment.

Deal Terms

Acquirer
Afya Limited
Target
Glic
Value
R$30.6 million
Date
Not disclosed
Type
Not disclosed
Status
Not disclosed

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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