On October 29, 2024, Strata Health Solutions Inc., a leading provider of patient flow technology with offices in Canada, the United States, and the United Kingdom, completed the sale of all its issued and outstanding shares to VitalHub Corp., a leading software company in the health and human services provider space.
VitalHub acquired Strata Health for a total up-front consideration of $32.3 million, composed of a cash payment of $18.6 million and the issuance of 1,480,726 common shares of VitalHub, plus potential performance-based consideration.
Cassels acted for Strata Health.