About This Deal

Afya Limited acquired Medicinae for R$9.2 million.

Medicinae (Medicinae Solutions S.A.) is a Brazilian healthcare technology company specializing in healthcare payments and financial services, offering a platform that lets healthcare professionals manage receivables using a FIDC (Receivables Investment Fund). Afya acquired 100% for R$9,172 thousand (R$5,600 cash plus a contingent earn-out of up to R$4,400 tied to 2021 product goals and 2022 revenue). It expands Afya's Digital Services segment into healthcare fintech.

Expands Afya's digital health services with a financial platform that shortens payment cycles and consolidates financial information for healthcare professionals.

Deal Terms

Acquirer
Afya Limited
Target
Medicinae
Value
R$9.2 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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