BUYER POOL ANALYSIS
Selling a Healthtech to Strategic / Industry buyers
Industry operators, larger competitors, and corporate buyers acquiring for synergies, geographic expansion, or capability fill. Typically pays a premium for clear strategic fit but discounts for integration cost and overlap.
Quick answers
- How many disclosed transactions?
- 10 deals total (10 from 2018+), filtered to Strategic / Industry acquirers of healthtech businesses.
- Most active buyers
- Transcarent, Inc. (1) · MDaudit (1) · RadNet, Inc. (1) · Voya Financial (1) · Nautic Partners / ExactCare Pharmacy (1) · Vera Whole Health (1)
- What would this buyer pool pay for my business?
- Run the ExitValue.ai calculator to see your healthtech priced against the 10 disclosed strategic / industry transactions in this segment. The engine surfaces the specific multiples that apply to your size, margin, and growth profile.
Recent disclosed deals
Strategic / Industry acquisitions of healthtech businesses with named target and named acquirer.
| Year | Target | Acquirer |
|---|---|---|
| 2025 | Accolade, Inc. | Transcarent, Inc. |
| 2025 | Streamline Health | MDaudit |
| 2025 | iCAD, Inc. | RadNet, Inc. |
| 2023 | Benefitfocus | Voya Financial |
| 2023 | Tabula Rasa HealthCare, Inc. | Nautic Partners / ExactCare Pharmacy |
| 2022 | Castlight Health, Inc. | Vera Whole Health |
What this buyer pool prices for
Strategic buyers - operators in adjacent geographies, larger competitors, or corporate consolidators - price for synergies and capability fill. They tend to discount integration cost and overlap risk but pay above market when there's clear strategic fit (key customer relationship, license, geography, technician/professional team). Pricing is competitive with PE for fee-viable deals; weaker on sub-scale acquisitions.
Methodology note
Deal flow shown reflects disclosed M&A transactions in the ExitValue.ai database, filtered to healthtech businesses acquired by strategic / industry buyers. Deal counts shown reflect deals with disclosed financials only - total transaction count for this buyer pool is typically 2-3x larger. The valuation engine reveals the specific multiples that apply to your business when you run the calculator above. Full methodology
What's your healthtech worth to strategic / industry?
12-input M&A-grade workup with sellability score, named comparable deals, and AI-written commentary. 2 minutes.
- ✓Sellability score with 5-driver breakdown and lift estimates
- ✓Named comparable M&A transactions in your sub-vertical
- ✓AI-written analysis grounded in your specific inputs
Engine-grounded estimate. Comparable strategic / industry deals on the full results page.
More on healthtech valuations
- Value a healthtech· run the calculator
- Healthtech median multiples· real-deal benchmarks
- Who buys healthtech businesses?· active buyers
- Recent deal: Accolade, Inc.· comparable transaction
- Who acquired Accolade, Inc.?· buyer profile