Helium Health, a Nigerian e-health firm, has acquired Meddy, a company that operates in Qatar and the United Arab Emirates, for the first time (UAE).
Helium Health was founded in 2016, and its main Electronic Medical Records/Hospital Management Information System (EMR/HMIS) software is the most commonly used in West Africa.
The firm raised $10 million in a Series A fundraising round in May 2020 to extend its African presence, which it did earlier this year by expanding into Kenya, and it has now taken its first steps outside of Africa with the purchase of Meddy, a GCC-based doctor booking website. Helium’s infrastructure innovation is combined with Meddy’s regional and local network and business experience in this arrangement.
Haris Aghadi, Meddy’s chief executive officer (CEO), will join the Helium Health leadership team as part of the agreement.
“Our business model has primarily been robust organic growth, but we always remain open to strategic acquisition opportunities,” said Adegoke Olubusi, CEO of Helium Health.
“We will be leading the health-tech revolution in MEA. In Qatar, UAE, and Saudi Arabia, a great market opportunity exists to work with care providers to improve patient interaction, make healthcare data more interoperable, and improve revenue cycle management. I am excited to welcome Haris and his team to the Helium Health family and look forward to many years of fruitful collaboration.”
