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XpresSpa Group Acquires HyperPointe

The XpresSpa Group said this week it has entered into an agreement to acquire all of HyperPointe, a digital healthcare data analytics and marketing agency, for $5.5 million in cash, $1 million in common stock, along with potential additional earn-out payments of up to $7.5 million over a three-year timeframe based upon future performance.

The transaction, subject to customary closing conditions, is expected to be finalized during Q1 2022. Since June 2020 HyperPointe’s personnel and suite of services and technology have been used to develop and deploy the technological infrastructure for XpresCheck, XpresSpa’s COVID testing locations at airports.

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