Overview
- Deal is funded entirely with cash and is set to close by mid-2025.
- Acquisition will boost Hims & Hers' active customer base by roughly 50%, adding Zava’s 1.3 million subscribers to its existing 2.4 million.
- Zava’s in-house medical team delivered almost 2.3 million consultations in 2024 across the UK, Germany, France and Ireland.
- Hims & Hers expects the transaction to start contributing positively to its financial results by 2026.
- Shares surged over 6% in early trading following the announcement of the acquisition.