finnCap Cavendish, part of finnCap Group, has advised on the sale of Tictrac Ltd, a UK-based SaaS provider of a global health and wellness platform, to Dialogue Health Technologies (Dialogue), a Canadian virtual healthcare and wellness platform, for up to CAD56 million.
The transaction is expected to close within c30 days and is subject to customary conditions for a transaction of this nature.
Tictrac supports employers and insurance partners, engaging their employees and customers to improve overall wellness, and driving positive outcomes through meaningful insights. Its go-to-market strategy includes both a business-to-business (B2B) approach as well as a business-to-insurance (“B2I”) approach, working with four of the largest global insurance companies.
