Terveystalo, together with the main shareholder of MedHelp Care Aktiebolag AB (publ) ("MedHelp" or the "Company", and Terveystalo together with the main shareholder of MedHelp, the "Consortium")  have today, acting through a company jointly owned by the Consortium, announced a recommended public cash offer to the shareholders of MedHelp to tender 100 per cent of the shares in MedHelp to the Consortium (the "Offer"), with the intention to take MedHelp private. The shares in MedHelp are listed on the Nasdaq First North Growth Market.

Terveystalo aims to materially accelerate the development of its Occupational Health digital solutions by leveraging MedHelp's platform with Terveystalo's services in Finland. Following the completion of the Offer, Terveystalo would indirectly hold approximately 30.5% of MedHelp's shares, while Mark Hauschildt, the principal shareholder, would retain ownership of approximately 69.5% of the shares. Completion of the Offer is conditional, inter alia, the Offer being accepted to such extent that the Consortium becomes the owner of shares representing more than 90 per cent of the total number of shares in MedHelp.

MedHelp is a Swedish technology company that provides an AI-powered health platform for corporate clients in Sweden. The Company offers a range of services, including absence management, healthcare consultancy, early identification of sickness using AI, rehabilitation support, and reporting on sickness statistics for employers. MedHelp also provides a white-label product for partners, such as Terveystalo's subsidiary Feelgood in Sweden. The Company serves approximately 200,000 end users in over 500 organisations and employs 40 people. In 2024, MedHelp reported EUR 7.2 million in revenue and an EBITDA margin of 16.9 per cent.

- MedHelp's data and AI-driven platform represents a new approach to digital occupational health, combining artificial intelligence and cutting-edge technology to identify individual and organisational risks with greater accuracy. This enables us to optimise the delivery of occupational health services, meeting our customers' needs and offering them tangible benefits, such as a significant reduction in sick leave. This is a step towards a future where work ability and organisation are supported intelligently and efficiently based on extensive data. Together with MedHelp, we can accelerate the development of our digital occupational healthcare solutions. We will also combine all Terveystalo's occupational health solutions on a single platform, which will significantly improve the usability of the services, says Ilari Richardt, Senior Vice President of Digital Services at Terveystalo.

-Taking MedHelp private alongside Terveystalo opens an exciting new chapter for our organisation. As the main shareholder of MedHelp, I believe that the flexibility and focus enabled by privatisation will allow us to accelerate innovation and deliver even more impactful digital health solutions for our clients. Deepening our collaboration with Terveystalo means leveraging our combined expertise and resources to develop smarter, data-driven occupational health services-ultimately empowering both employees and employers to thrive in a rapidly changing work environment, says Mark Hauschildt, the main shareholder of MedHelp.

Taking MedHelp private would allow for a stronger focus and faster growth. In the event the Offer is completed, Terveystalo intends to enter into a partnership with MedHelp and gradually integrate its platform into Terveystalo's Occupational Health digital services in Finland. Terveystalo's subsidiary Feelgood would continue to offer the service to its Occupational Health customers in Sweden under the Frisklinjen brand.

For more information about the offer, please see: https://medtech-offer.com/  

Terveystalo media desk:
Tel. +358 50 358 1170
viestinta@terveystalo.com