WW International (WW) to Acquire Sequence in $132 Million Deal
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WeightWatchers (WW) gains on announced acquisition of Sequence digital health platform
March 7, 2023 1:15 PM ESTShares of WW International Inc (NASDAQ: WW) (commonly known as WeightWatchers) surged more than 50% Tuesday following the companys announcement that the weight loss company has entered into a definitive agreement to acquire subscription telehealth platform, Sequence.
Launched in 2021, Sequence now serves about 24,000 members across the U.S., as of February 2023, and clocks about $25 million in annual revenue on a run-rate basis. Sequence members have highlighted the benefits of its service, including support in navigating the insurance approval process and the quality care they receive from... More
