ExitValue.ai

ACQUIRED · 2021

Who Acquired Further HSA?

HealthEquity, Inc. · $455.0M· 37.9× EBITDA

The acquisition

Further HSA was acquired by HealthEquity, Inc. in 2021 for $455.0M. The deal was priced at 37.9× EBITDA / 7.60× revenue.

Further HSA at time of acquisition

Revenue

$60.0M

EBITDA

$12.0M

Deal value

$455.0M

EV / EBITDA

37.9×

Similar healthcare it acquisitions

  • Eucalyptus · acquired by Hims & Hers Health, Inc. in 2026 · $1.15B
  • Gleamer SAS · acquired by RadNet, Inc. in 2026 · $251.6M
  • HealthEZ · acquired by Blue Cross Blue Shield of New Jersey in 2026 · $360.0M
  • Unbound Medicine · acquired by MPS Ltd in 2026 · $16.5M
  • AccessOne · acquired by Phreesia, Inc. in 2025 · $160.0M

Run a valuation for a similar healthcare it business

Three fields, instant range, backed by 25,592 real M&A transactions including this one.

Open the healthcare it calculator →

More on healthcare it valuations

Sourced from SEC filings and press releases. Full deal page.

Citation: ExitValue.ai. (2021). Further HSA acquired by HealthEquity, Inc.. https://exitvalue.ai/acquired/further-hsa