Teladoc acquires Frontier Capital-backed HealthiestYou

Teladoc Inc is acquiring Scottsdale, Arizona-based HealthiestYou, a mobile patient engagement solutions provider. The deal is valued at $125 million. Piper Jaffray provided financial advice to Teladoc on the transaction while William Blair & Co did likewise for HealthiestYou, which was backed by Frontier Capital.

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