Lifespeak Completes Acquisition Of U.S.-Based Wellbeats, Solidifying Its Lead Position In The Saas Mental Health And Total Wellbeing Market
Acquiring Company
LifeSpeak
Acquired Company
Wellbeats
TorontoSoftwareFitnessWellnesshealth, wellness & fitnessSoftwareMobileFood And BeverageDescription
LifeSpeak Inc. ("LifeSpeak" or the "Company") (TSX: LSPK), the leading mental health and total wellbeing platform for employers, health plans, and insurance companies, today announced that it has completed its previously disclosed acquisition of Minnesota-based Wellbeats Inc. ("Wellbeats"), a market-leading provider of an on-demand, software-as-a-service ("SaaS") physical wellbeing platform.
Quick answer
LifeSpeak is acquiring Wellbeats, announced March 1, 2022. LifeSpeak is based in Toronto, Ontario, Canada.
- How much did LifeSpeak pay for Wellbeats?
- The deal value was not disclosed.
- What does LifeSpeak do?
- LifeSpeak Inc. is the leading provider of digital preventative wellbeing solutions, supporting over 14 million users across more than 1,000 organizations worldwide.
- Where are LifeSpeak and Wellbeats based?
- LifeSpeak is based in Toronto, Ontario, Canada.
- Who are the decision-makers at LifeSpeak?
- Fundz holds 2 contacts at LifeSpeak. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Fitness and Wellness
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Lifespeak To Acquire Wellbeats – A U.S.-Based On-Demand B2B Physical Wellbeing Platform – For Up To Us$92.5 Million, $93M (February 14, 2022)
- Palmer Jane To Acquire Cannabis Vape Lifestyle Brand Lucidmood (January 31, 2022)
- Agency360 Acquires Leadereq To Form Advisorey (April 14, 2022)
- Innominds Acquires Nymi, A Leader In Passwordless Workplace Technology (April 12, 2022)
- Quinyx Acquires Leading Task Management And Employee Engagement Platform Concrete, Accelerating Its Journey To Disrupt The Workforce Management Space. (April 12, 2022)
- Checkr Announces Acquisition Of Goodhire (April 12, 2022)
Who to call at LifeSpeak, and when
When LifeSpeak changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired Wellbeats?
Wellbeats was acquired by LifeSpeak, based in Toronto. The deal was reported on March 1, 2022. LifeSpeak Inc. is the leading provider of digital preventative wellbeing solutions, supporting over 14 million users across more than 1,000 organizations worldwide. LifeSpeak is privately held and operates in Software.
When did LifeSpeak acquire Wellbeats?
LifeSpeak's acquisition of Wellbeats was reported on March 1, 2022. LifeSpeak Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Wellbeats do?
Wellbeats is the premier provider of on-demand, virtual wellness content, and programming for use in corporate wellbeing initiatives. It is privately held, operating in Software.
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