Puma Private Equity has sold its stake in digital wellbeing platform Tictrac to Canadian healthcare platform Dialogue Health Technologies Inc in a £35m deal.
It is Dialogue Health Technologies’ largest acquisition to date and gives Puma Private Equity a 38% internal rate of return two years after making its investment.
Competitors include workplace mental health startup Oliva, which recently raised £4.84m in its seed funding round.
Puma Private Equity is a venture capital that invests in SMEs in all markets in the UK, typically making investments of £2 to £10m.
Read more: UkTechNews