
SHS Capital and co-investors sell SELFAPY to MEDICE
Tübingen — Selfapy GmbH, a digital health pioneer for mental illness, has been acquired by the MEDICE Health Family, the European market leader in the treatment of ADHD. As part of the transaction, investors SHS Capital, Think.Health Ventures, IBB Ventures and HTGF sold their shares.
Selfapy’s CE-certified medical devices offer flexible and quickly accessible online therapy programs for people with mental illnesses such as depression, generalized anxiety disorder, bulimia nervosa, binge eating disorder and chronic pain. The programs are available as an app on smartphones and tablets and can be prescribed by doctors or psychotherapists.
The acquisition of Selfapy is another important step for the MEDICE Health Family on its way from a pure pharmaceutical manufacturer to a provider of clinically validated, multimodal healthcare solutions combining pharmaceuticals, digital solutions and nutritional concepts.
“We want to take even more comprehensive care of patients while also keeping an eye on current challenges in the healthcare system. This is why we have been expanding our strong core in the pharmaceutical business for several years to include developments in the field of digital healthcare solutions,” says Dr. Katja Pütter-Ammer, Managing Partner of MEDICE, explaining the strategy of the family-run company.
“Selfapy already accounts for 20% of all permanently listed DiGAs in the mental health sector. By joining forces with MEDICE and their strong ties to doctors and psychotherapists, we can now work even more specifically on realizing our vision so that no one with a mental illness has to wait for help. Together, we want to take digital care to a new level and reach even more people faster and more effectively,” says Selfapy Managing Director and CEO Adham Kassab.
Dr. Cornelius Maas, Partner at SHS Capital, who served as Chairman of the Advisory Board at Selfapy for many years, comments on the transaction as follows: “We are delighted that we have been able to firmly establish Selfapy with its digital health applications as an innovative form of treatment in the German healthcare market in recent years. With MEDICE as a strategic buyer, we have found the perfect partner for the next development phase of Selfapy and wish both companies continued success together.”
About SHS
“Building European Healthcare Champions” is the guiding principle of the Tübingen-based investor SHS Capital. With this in mind, the investor specializing in healthcare investments finances and develops its portfolio companies. Since its foundation in 1993, the focus of its investments has been on expansion financing, shareholder changes and succession situations.
www.shs-capital.eu