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Why MedAdvisor Is Selling Its ANZ Business for $35M Plus Earn-Out
9:47am on Wednesday 2nd of July, 2025 AEST
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Healthcare
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Why MedAdvisor Is Selling Its ANZ Business for $35M Plus Earn-Out
9:47am on Wednesday 2nd of July, 2025 AEST
Key Points
Sale of MedAdvisor's ANZ business and IP to Jonas Software for $35M headline price
Uncapped three-year earn-out estimated at $7.35M contingent on performance
US business to continue under royalty-free license arrangement
Proceeds to repay $23.5M debt and fund strategic review of US operations
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