Grindr agrees to buy telehealth company PurposeMed for $250 million
Grindr Acquirer · PurposeMed Target · Freddie
Intelligence
The deal
- Type
- Acquisition
- Amount
- $250M
- Structure
- $190 million in cash and $60 million in stock, plus up to $70 million tied to Freddie's 2027 performance
- Status
- Announced
- Valuation
- Not recorded
- Region
- United States
- Date
- 30 September 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Activity