VSee Health signs LOI for asset acquisition valued at $42 million

VSee Health entered a non-binding LOI to acquire healthcare technology and operating assets tied to a U.S. clinic-based wellness commerce platform.

• Proposed transaction valued at $42 million.
• Target assets show annual run-rate revenue above $35 million.
• Unaudited EBITDA for the assets is about $7 million.
• The deal aims to add provider sales coverage, digital ordering and payments, and supplier coordination to complement VSee’s virtual care platform.
• Closing remains subject to due diligence, definitive agreements, required approvals, and customary conditions.