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LifeMD Divests Majority Interest in WorkSimpli Software, Positioning Company as a Pure-Play Virtual Care and Pharmacy Platform
LifeMDLifeMD(US:LFMD) Globenewswire·2025-11-04 22:15

Transaction Values WorkSimpli at 65MillionEnterpriseValue;SupportsLifeMD’sStrategicFocusonScalingitsVirtualCareandPharmacyBusinessesNEWYORK,Nov.04,2025(GLOBENEWSWIRE)−−LifeMD,Inc.(Nasdaq:LFMD),aleadingproviderofvirtualhealthcareservicesandpharmacy,todayannouncedthesaleofitsmajorityownershipinterestinWorkSimpliSoftwareLLC(“WorkSimpli”)inatransactionvaluingWorkSimpliatanenterprisevalueofapproximately65 Million Enterprise Value; Supports LifeMD’s Strategic Focus on Scaling its Virtual Care and Pharmacy BusinessesNEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual healthcare services and pharmacy, today announced the sale of its majority ownership interest in WorkSimpli Software LLC (“WorkSimpli”) in a transaction valuing WorkSimpli at an enterprise value of approximately 65 million. The buyer group was led by WorkSimpl ...