MedAdvisor Agrees to Sell ANZ Business to Software Firm for AU$42.4 Million

MT Newswires Live

Jul 02, 2025

MedAdvisor (ASX:MDR) has entered into a binding agreement to sell its Australia-New Zealand business and associated intellectual property to Jonas Software AUS, for around AU$42.4 million, according to a Wednesday filing with the Australian bourse.

The deal includes a headline price of AU$35 million, with an uncapped three-year earn-out currently estimated at AU$7.4 million. A total of AU$8 million will be held back for post-completion adjustments, the filing said.

The sale, expected to close on July 8, will see MedAdvisor's US business continue under the name "MedAdvisor Solutions" via a royalty-free license, while the company will seek shareholder approval to change its name at the annual general meeting.

Shares of the company fell 2% in recent Wednesday trade.

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A total of AU$8 million will be held back for post-completion adjustments, the filing said.</p><p>The sale, expected to close on July 8, will see MedAdvisor's US business continue under the name \"MedAdvisor Solutions\" via a royalty-free license, while the company will seek shareholder approval to change its name at the annual general meeting.</p><p>Shares of the company fell 2% in recent Wednesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2548830607","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548830607","pubTimestamp":1751422403,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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