For What Truly Counts


Company Sale

Proventis Partners advised OnlineDoctor AG


St. Gallen, 25.04.2024 – OnlineDoctor AG has been acquired as part of a successful Exit-Deal. 

The transaction 

OnlineDoctor AG (OD) has been acquired as part of a successful Exit-Deal. ODs founders and managing directors remain on board working alongside the new owners to implement the company’s long-term strategy and to ensure its continued growth potential.  

Since its foundation in 2016, OnlineDoctor AG developed from a startup into a leading online dermatology services company in Germany and Switzerland with an outstanding network of over 700 dermatologists and leading health insurance companies.  

Proventis Partners acted as exclusive M&A advisor to the selling shareholders throughout the entire M&A process. The shareholders consisted of the founders and managing directors Dr. Tobias Wolf and Dr. Philipp Wustrow as well as industry focused venture capital funds and private investors. 

“Proventis Partners supported the management and deal team throughout the entire M&A process with a high level of expertise and a great deal of sensitivity for the various stakeholders.” says Dr. Philipp Wustrow, OD Cofounder. “The successful Exit will help OD in implementing its long-term strategy to become Europe’s leading tele-dermatology platform.” 

The transaction team of Proventis Partners consisted of Jan Wetter (Partner, Zurich), Cédric Mutz (Director, Zurich) and Tassilo Pilars de Pilar (Analyst, Zurich). 

About OnlineDoctor AG 

OnlineDoctor AG is a pioneering healthcare technology company revolutionizing access to medical expertise through its innovative online platform. The Swissbased firm has been established by a team of visionary entrepreneurs and medical professionals. The company aimed to bridge the gap between patients and medical specialist providers in the digital age, leveraging its asynchronous telemedicine technology. OnlineDoctor AG is the leading company in remote dermatological diagnoses and treatment plans, providing convenient and efficient services to patients and medical professionals in Germany and Switzerland. Over the years, the company has continuously evolved its platform, integrating advanced AI algorithms and secure communication channels to ensure optimal patient care and data privacy. With a commitment to improving healthcare accessibility and patient outcomes, OnlineDoctor AG continues to lead the way in shaping the future of telemedicine. 

About Proventis Partners 

Proventis Partners is a partner-led M&A advisory firm whose clients are mainly medium-sized family-owned companies, corporate groups as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the leading independent M&A advisory firms in the German-speaking region and looks back on more than 20 years of M&A experience and over 430 completed transactions. With offices in Frankfurt, Hamburg and Zurich, Proventis Partners is active across various sectors, including Industrials, Chemicals & Materials, Business Services, Technology & Media, Consumer & Retail and Healthcare. The exclusive membership in the Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The Mergers Alliance members with their more than 250 M&A professionals provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.