23andMe Acquires Lemonaid Health

Bambu Ventures and Innova Capital Partners Form SPV to Acquire Lemonaid Health

September 16, 2025

Healthcare Services

Chrome Holding Co. (formerly operating as 23andMe Holding Co.) entered into a stock purchase agreement under which an SPV formed by Bambu Ventures and Innova Capital Partners will acquire 100% of Lemonaid Health, Inc. and Lemonaid Pharmacy Holdings, Inc. pending approval by the U.S. Bankruptcy Court for the Eastern District of Missouri.

WebMD Health Services Acquires Limeade

June 8, 2023

Healthcare Services

WebMD Health Services, a unit of WebMD Health Corp., announced it will acquire Limeade, an employee well‑being platform provider. The deal combines WebMD Health Services’ clinical and program capabilities with Limeade’s digital engagement technology to create a more comprehensive, holistic workplace well‑being offering; the transaction is expected to close within the next quarter pending approvals.

Lemonade Acquires Metromile

July 28, 2022

Insurance

Lemonade (NYSE: LMND) acquired car insurance provider Metromile (NASDAQ: MILE) in an all-stock transaction that implied a fully diluted equity value of about $500 million. The deal closed in 2022, with Metromile shareholders receiving 7.3 million shares of Lemonade and Lemonade receiving Metromile’s business including cash, premiums, and a team using precision sensor data from road trips.

NewLeaf Brands to Acquire Mindleap Health Inc.

May 20, 2020

Healthcare Services

NewLeaf Brands Inc. signed a non-binding letter of intent to acquire 100% of Mindleap Health Inc. via a share exchange, with consideration of CAD $3.5 million in NewLeaf common shares plus additional cash investments. Mindleap is a digital mental-health and telehealth platform focused on mood, emotion and habit tracking and psychedelic aftercare, and the deal is intended to accelerate Mindleap’s time-to-market and expand NewLeaf’s digital health capabilities.

Amazon to Acquire One Medical

July 21, 2022

Healthcare Services

Amazon and One Medical entered into a definitive merger agreement under which Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion (including One Medical’s net debt). The deal is subject to customary closing conditions, including approval by One Medical shareholders and regulatory approvals.

Individual Buyer Acquires NewLeaf Health LLC

October 8, 2024

Healthcare Services

Generational Group advised NewLeaf Health LLC, an Allen, Texas-based online retailer of home medical equipment, in its sale to an unnamed individual buyer. The transaction closed on September 30, 2024, and transfers ownership from the company’s founders to the private purchaser.