An worker brings a tv to a buyer’s automobile at a Greatest Purchase retailer in Orlando, Florida.
Paul Hennessy | SOPA Photographs | LightRocket | Getty Photographs
Greatest Purchase mentioned Tuesday that it agreed to amass Present Well being, a U.Ok. tech firm that helps with distant affected person monitoring and telehealth.
Monetary phrases weren’t disclosed. Greatest Purchase expects the deal to shut by the tip of the fiscal yr, in keeping with a submitting with the U.S. Securities and Alternate Fee.
With the transfer, Greatest Purchase is pushing additional into well being care — a sector that CEO Corie Barry regularly describes as a progress alternative. She has pointed to a number of tendencies that work within the retailer’s favor, equivalent to the will of many child boomers to age at dwelling, the health-care trade’s must handle prices and the recognition of watches and different tech that tracks individuals’s well being.
The buyer electronics retailer already owns companies that function within the area. It acquired GreatCall in an $800 million deal in 2018. The corporate makes easy-to-use cell telephones and linked well being units, and supplies emergency response providers for getting older adults. It acquired one other senior-focused