|
|
Type of Company:
Type:
|
Company
|
Ownership: |
Publicly Traded (WELL, Toronto Stock Exchange) |
Company Size: |
50-99 Employees In BC (50-99 Total)
50-99 In BC (50-99 Total)
|
Revenue: |
$20-50 Million CAD |
Year Founded: |
2010 |
Sector: |
Other Tech Sectors
Other Tech Sectors
|
Region: |
Lower Mainland / South Coast
Lower Mainland
|
Tags: |
WELL Health Technologies, Electronic Medical Records (EMR), healthcare, medical clinics, telehealth
|
Profile Views: |
1,094 Company Profile Views |
|
|
|
WELL is an omni-channel digital health company whose overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest technology and trends in digital health.
As such, WELL owns and operates 20 primary healthcare medical clinics, is Canada's third largest Electronic Medical Records (EMR) supplier serving over 1,900 medical clinics, operates a leading national telehealth service and is a provider of digital health technology solutions.
WELL is an acquisitive company that has completed eleven acquisitions and three equity investments. The Company is publicly traded on the Toronto Stock Exchange under the symbol "WELL".
WELL was recognized as a TSX Venture 50 Company three years in a row in 2018, 2019 and 2020.
To access the Company's telehealth service, visit: virtualclinics.ca and for corporate information, visit: www.WELL.company. |
|
|
Date |
Type |
Amount |
Investors |
Oct 1, 2020 |
Private Placement |
$70 Million CAD |
|
Oct 2, 2020 |
Private Placement |
$23 Million CAD |
|
Oct 22, 2020 |
Private Placement |
$80.5 Million CAD |
Eight Capital and Stifel GMP acted as co-lead underwriters of the Offering with a syndicate that also included Scotiabank, Canaccord Genuity Corp., Desjardins Securities Inc., Laurentian Bank Securities Inc., PI Financial Corp., Beacon Securities Limited, Echelon Wealth Partners Inc., Haywood Securities Inc., and Paradigm Capital Inc. |
Feb 8, 2021 |
Unattributed |
$295 Million CAD |
|
Feb 18, 2021 |
Unattributed |
$302.5 Million CAD |
|
Jun 8, 2021 |
Other Debt |
$200 Million CAD |
Debt financing commitment of C$140 million and an additional C$60 million uncommitted accordion for further expansion potential, provided by RBC, the Bank of Montreal, HSBC Bank Canada, The Toronto-Dominion Bank, ICICI Bank Canada and Laurentian Bank of Canada.
The committed credit facilities will comprise a revolving facility in the amount of C$90 million and a term facility in the amount of C$50 million. The Lenders have also provided WELL with an uncommitted accordion facility in the amount of C$60 million to help finance future acquisitions by WELL and other opportunities. |
Nov 16, 2021 |
Convertible Debt |
$65 Million CAD |
|
Nov 25, 2021 |
Private Placement |
$70 Million CAD |
$70 million aggregate principal amount of convertible senior unsecured debentures of the Company due December 31, 2026 at a price of $1,000 per Debenture. |
May 20, 2022 |
Private Placement |
$34.5 Million CAD |
|
Date |
Type |
Amount |
Investors |
Oct 1, 2020 |
Private Placement |
$70M CAD |
|
Oct 2, 2020 |
Private Placement |
$23M CAD |
|
Oct 22, 2020 |
Private Placement |
$80.5M CAD |
Eight Capital and Stifel GMP acted as co-lead underwriters of the Offering with a syndicate that also included Scotiabank, Canaccord Genuity Corp., Desjardins Securities Inc., Laurentian Bank Securities Inc., PI Financial Corp., Beacon Securities Limited, Echelon Wealth Partners Inc., Haywood Securities Inc., and Paradigm Capital Inc. |
Feb 8, 2021 |
Unattributed |
$295M CAD |
|
Feb 18, 2021 |
Unattributed |
$302.5M CAD |
|
Jun 8, 2021 |
Other Debt |
$200M CAD |
Debt financing commitment of C$140 million and an additional C$60 million uncommitted accordion for further expansion potential, provided by RBC, the Bank of Montreal, HSBC Bank Canada, The Toronto-Dominion Bank, ICICI Bank Canada and Laurentian Bank of Canada.
The committed credit facilities will comprise a revolving facility in the amount of C$90 million and a term facility in the amount of C$50 million. The Lenders have also provided WELL with an uncommitted accordion facility in the amount of C$60 million to help finance future acquisitions by WELL and other opportunities. |
Nov 16, 2021 |
Convertible Debt |
$65M CAD |
|
Nov 25, 2021 |
Private Placement |
$70M CAD |
$70 million aggregate principal amount of convertible senior unsecured debentures of the Company due December 31, 2026 at a price of $1,000 per Debenture. |
May 20, 2022 |
Private Placement |
$34.5M CAD |
|
|
|
|
|
|
Oct 12, 2022
|
WELL Health Technologies to Acquire EMR, Billing and Clinical Assets from CloudMD for $5.75M
|
|
May 27, 2022
|
WELL Health Provides Corporate Updates including a Ramp-up in M&A, and the Formation of its Provider Solutions Business Unit
|
|
May 24, 2022
|
Well Health Technologies Completes $34.5 Million Financing (Bought Deal Offering of Common Shares)
|
|
May 20, 2022
|
WELL Health Technologies Reports Record Quarterly Revenue, Q1 Revenue up 395% to $126.5 Million, Company Raises Full Year Guidance
|
|
May 17, 2022
|
Well Health Technologies Announces New $30 Million Financing to Fund Growth Initiatives and Acquisitions
|
|
Apr 4, 2022
|
WELL HealthTechnologies Provides Business Updates on its US Based Businesses Reflecting Continued Growth
|
|
Apr 1, 2022
|
WELL Health Technologies Achieves Record Results Reflecting 573% YoY Revenue Growth and Positive Net Income in Q4-2021
|
|
Feb 23, 2022
|
WELL Health Technologies Provides Organic Growth Update for Ocean, WELL's Patient Engagement and eReferral Platform
|
|
Jan 24, 2022
|
WELL Health Technologies Provides Business Update, Reports Strong Growth in Patient Visits and Enhanced Revenue Outlook for Q4-2021
|
|
Dec 20, 2021
|
WELL Health Technologies Provides Update on Organic Growth of its US-Based Virtual Services Businesses
|
|
|
1 - 10 of 72 results
|
|
 |
|
|
|
Share This Company Profile |
|
|
|
Disclaimer: Company Profiles in the Tech Directory on T-Net are created, edited and maintained primarily by employees within individual companies, and are subject to continual change without notice and possible errors and/or omissions. Information within the pages of this Tech Directory is of a general nature intended only for informational purposes, and such information should not be relied upon. T-Net does not warrant or guarantee the quality, accuracy or completeness of such information and expressly disclaims liability for any loss, inconvenience or damages (including special, indirect or consequential damages) caused as a result of any errors in, or omissions from, such information. If you see an error, please let us know. Copyright T-Net. All rights reserved.
|
|
News
Events
Tech Careers
Directory
Tech Stocks
T-Net 100
Members
Feedback
About T-Net
Employers
Post Job Listings
Advertise
