Abry hired JPMorgan to bring physician social network business Sermo to market, three sources familiar with the plan tell Axios Pro. The PE firm is angling for a valuation between $600 million and $800 million, they say. The business will be marketed on around $150 million of revenue when the process kicks off later this year or early next, the sources say. Sermo’s network — which it says encompasses more than 1.3 million health care professionals — allows physicians to communicate about issues and ask care questions.
Read the full article: Abry Preps Physician Social Network Sermo for Sale //
Source: https://www.axios.com/pro/health-tech-deals/2025/07/02/abry-sermo-sale-physician-social-network