Doctor Care Anywhere Group PLC (ASX:DOC) acquired GP2U Telehealth Pty Ltd for AUD 11 million on September 9, 2021. AUD 3.3 million will be settled in cash on completion of the transaction, funded by DOC's existing cash reserves, the equivalent of AUD 7.7 million settled in DOC CDIs, subject to 12 months escrow. A total of 10,668,264 CDIs were issued to shareholders of GP2U Telehealth at a price of AUD 0.73 per CDI. GP2U"s revenue for the year ended 2021 was 0.0013 million while the EBITA lies at 0.0001 million. Aurenda Partners acted as the sole corporate, strategic and M&A advisor to Doctor Care Anywhere, alongside Herbert Smith Freehills as legal counsel and PwC as financial due diligence advisor.

Doctor Care Anywhere Group PLC (ASX:DOC) completed the acquisition of GP2U Telehealth Pty Ltd on September 9, 2021.