Hims & Hers agreed to acquire Australian digital health company Eucalyptus in a deal valued at up to $1.15 billion, with $240 million paid upfront 1 2 The acquisition provides Hims & Hers with entry into Australia and Japan, while expanding its presence in the UK, Germany, and Canada 1 2 Eucalyptus operates direct-to-consumer healthcare brands including Juniper (weight-loss platform), Pilot (men's health), and Compound, serving approximately 775,000 customers with annualized revenues around $450 million 2 The deal is expected to close mid-year 2026, with the remainder of the valuation tied to guaranteed payments over 18 months and performance-based earnouts through early 2029 2 The acquisition signals Hims & Hers' pivot toward global expansion amid mounting regulatory scrutiny and legal challenges in the United States related to compounded GLP-1 medications 2 This acquisition follows Hims & Hers' 2024 purchases of UK digital health provider Zava an...
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