Afya Limited acquired Cliquefarma for R$22.1 million.
Cliquefarma is a healthtech company operating a free-to-use website that tracks prices of prescription drugs, cosmetics and personal hygiene products across more than 15,000 pharmacies in Brazil, monetized via cost-per-click and cost-per-acquisition models. Afya acquired 100% for R$22,089 thousand (R$16,166 cash, R$3,000 in Afya shares, plus a contingent earn-out with present value of R$2,923). It joined the Digital Services segment.
Enhances the Digital Services segment by leveraging traffic and GMV from prescriptions generated within Afya's physician ecosystem.
Advisory firms were not disclosed for this transaction.