Making moves to become a larger force in aging-in-place technology, retail giant Best Buy (NYSE: BBY) has agreed to acquire GreatCall for $800 million in cash. GreatCall has developed and sells senior-friendly smartphones, smartwatches, medical alert devices and other technology to support and extend older adults’ independence. “[Best Buy] has recently been investing in health-related […]
GTCR
GTCR to Buy GreatCall GTCR, a private equity firm headquartered in Chicago, plans to buy connected health company GreatCall, according to a press release. San Diego-based GreatCall is the largest provider of connected health and personal emergency response services for active aging and serves over 800,000 subscribers across the U.S. The company’s product portfolio includes hardware […]
The ongoing purchase offers and subsequent rejections between Kindred Healthcare, Inc. (NYSE:KND) and Gentiva Health Services, Inc. (NASDAQ:GTIV) has invited a new player into the mix, one that analysts assume is likely a private equity suitor for the latter home health giant. Monday, Kindred solicited its newest proposal to Gentiva in response to the company’s […]