MedPeer,Inc. agreed to acquire Colbo Co., Ltd. from Yuri Shinno for approximately ¥540 million.
December 22, 2019
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MedPeer,Inc. (TSE:6095) agreed to acquire Colbo Co., Ltd. from Yuri Shinno for approximately ¥540 million on December 23, 2019. MedPeer will also pay an advisory fee of ¥5.5 million. For the year ended September 2019, Colbo had net assets of ¥350 million, total assets of ¥824 million, revenues of ¥1.5 billion, operating income of ¥11 million, ordinary profit of ¥30 million and net income of ¥10 million. The transaction is expected to be completed by January 1, 2020.
MedPeer, Inc. provides social service MedPeer to doctors. The Company mainly operates two business segments. The Doctor Platform business operates the MedPeer site, which is a knowledge management tool that shares raw information from physicians at medical clinics, and a place where all the doctors nationwide gather together is established on the Internet. The Healthcare Solutions business utilizes expert networks such as doctors and administrative nutritionists to develop services targeting health promotion and prevention areas.
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