How many acquisitions has M3 made so far?

M3 has completed 15 acquisitions so far, with an average acquisition amount of $192M.

Which countries does M3 usually acquire in?

M3 has made acquisitions in 6 countries with the most activity in Japan and United States.

Which is M3's latest acquisition?

M3's most recent acquisition is eWeLL Co, a Provider of electronic medical record services, acquired in March 2025.

Which sectors does M3 target for acquisitions?

Most of M3's acquisitions are in Healthcare IT (3) and Services for Healthcare Providers (3).

In which year did M3 make the most acquisitions?

M3 was most active in 2023, with 3 acquisitions completed in that year.

List of 15 Acquisitions by M3 (Sep 2026)

Most viewed in 2019

M3 has made a total of 15 acquisitions. These transactions span 8 sectors, including Healthcare IT, Services for Healthcare Providers, and Biopharma Outsourcing, across 6 countries. Activity was highest in Japan (6), United States (3), and India (2). Peak years were 2019 and 2023 with 3 acquisitions each, and 2022 with 2 acquisitions. From 2020 through 2025, the company averaged 1.2 acquisitions per year, with 0 acquisitions completed in the current calendar year. The most recent acquisition is eWeLL Co, an Osaka-based electronic medical record provider founded in 2012, which was acquired in March 2025.

Here's the year on year acquisition history of M3:

Number of Total Acquisitions

Year	# Acquisitions
2025	1
2023	3
2022	2
2019	3
2018	1
2016	2
2013	1
2012	1
2006	1

View all Acquisitions by M3

Recent acquisitions by M3

M3's most recent acquisition - eWeLL Co is a Provider of electronic medical record services, founded in 2012 and located in Osaka. M3 acquired a 51% stake in it in March 2025 for a price of $*****.

Here is the list of all acquisitions by M3 sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Mar 14, 2025	eWeLL Co	limj	rmjq	19	489
Aug 21, 2023	Messly	asps	siqp	30	814
Aug 07, 2023	Frogwell	gspq	qcgu	89	908
Feb 03, 2023	Michael Allen Company	yhzu	sdwv	11	887
Dec 05, 2022	Remedium Partners	rcwb	tvar	59	735

View the full list of acquisitions

View all Acquisitions by M3

Acquisitions by M3

List of M3's Acquisitions

Recent acquisitions by M3

FAQs about Acquisitions by M3