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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Afya Ltd | NASDAQ:AFYA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.03 | 17.10 | 20.00 | 0 | 12:00:00 |
Medical Harbour offers Educational Health and Medical Imaging Solutions through an interactive platform for anatomical study, 3D virtual dissection and analysis of medical images, which allow the exploration, and knowledge of human anatomy with digital resources.
“We are excited to add Medical Harbour to our portfolio. This acquisition enables Afya to start providing a high quality solution to study the human body, allowing efficient classes and remote lab sessions with greater student acceptance and scalability. Additionally, we will be able to distribute Medical Harbour solutions to all of Afya’s ecosystem, creating B2C and B2B growth opportunities,” said Virgílio Gibbon, Afya’s CEO.
The aggregate purchase price is R$ 5 million (Enterprise Value) of which 100% paid in cash as the date hereof, equivalent to 3.3x gross revenue expected in 2021. An earn-out of R$ 9 million can be paid related to product development goals for 2021/2022 and revenue achievements for 2023.
More information available on: https://ir.afya.com.br/acquisitions
About Afya
Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and their daily practices with digital products.
Contact: Investor Relations: ir@afya.com.br
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