On October 21, 2023, Conexa Well being, one of many main know-how platforms for telemedicine in Brazil, entered right into a strategic merger with Zenklub, a Portuguese on-line psychological healthcare companies firm with operations in Brazil. Wilson Sonsini Goodrich & Rosati suggested Conexa Well being on the transaction.
The enterprise mixture between Conexa Well being and Zenklub will type one of many largest digital well being corporations in Latin America with sturdy synergies within the integration of bodily and psychological healthcare. Conexa Well being will profit from strengthening the workforce and enterprise developed by Zenklub and may have a extra various investor base, together with Goldman Sachs, Basic Atlantic, Igah Ventures, Kamaroopin (Pátria), Indico Capital Companions, All Iron Ventures, and Good . Karma companions. Consequently, current shareholders of Zenklub will straight personal a big curiosity within the capital of Conexa Well being. The transaction is topic to regulatory approvals and different customary closing situations and is anticipated to shut in early 2024.
The Wilson Sonsini workforce advising Conexa on the transaction contains:
Corporations – Latin America
Matt Squires
Cesar Fisher
Louis Fortuno
merger and acquisition
Brendan Ripley Mahan
Andrew Lombardo
For extra data, please see protection from Latin Lawyer and Nice Every day.
