Acquisition | Digital health
Portuguese-founded Sword Health acquired Kaia Health in a deal publicly valued at US$285m. The acquisition adds digital musculoskeletal and pulmonary-care operations in the US and Germany.
The transaction
Both the buyer's release and Kaia's own announcement confirm the acquisition on 28 January. Kaia's presence in Germany's digital-health reimbursement pathway adds a market-access dimension.
The releases describe a transition of Kaia's US musculoskeletal offering to Sword's platform and further European expansion as subsequent integration plans. US$285m is the disclosed deal value, rather than a valuation of Sword or a new financing round.
Evidence behind the record
28 Jan 2026
28 Jan 2026
16 Aug 2023
Facts are attributed to the public sources above. The Portus view is our interpretation.
Return to your resultsExplore funds and managers
Portuguese Fund DirectoryBrowse fund records, manager profiles and publicly disclosed investment information.
From the market to your business
Portus provides corporate advisory and introduces companies to independent funds and managers. Share your company's plans so we can assess the fit and discuss the next step.