Eucalyptus Acquired by Hims & Hers Health | Healthcare M&A Deal

Hims & Hers Health has completed the acquisition of Eucalyptus, a healthcare it business in Australia, Canada, and Japan, for $240 million. Eucalyptus operates digital health brands including Juniper, Pilot, Kin, and Software, giving Hims & Hers Health acquisitions an established international customer base. Hims & Hers Health, a telehealth direct-to-consumer platform, gains local operating experience and an existing online care footprint through this Eucalyptus acquisition. The healthcare M&A is an add on acquisition and strategic acquisition, structured as a cash purchase by a strategic buyer, with the deal status listed as closed.