Milliman Acquires Torch Insight from Leavitt Partners

LifeSpeak Inc. Acquires Torchlight (EnCompass Education Solutions, Inc.)

December 15, 2021

Cloud & SaaS

LifeSpeak Inc., the Toronto-based mental health and total wellbeing SaaS provider, has completed the acquisition of Boston-area caregiver support platform Torchlight (EnCompass Education Solutions, Inc.). The deal — funded with US$17.25 million in cash plus LifeSpeak shares and potential additional milestone shares — expands LifeSpeak's digital caregiver capabilities and strengthens its presence in the United States while creating cross-sell opportunities across both companies' client bases.

Torch Merges with Everwise to Create Full‑Lifecycle Learning & Development Platform

March 16, 2020

Education

San Francisco‑based Torch has merged with New York City‑based Everwise to combine Torch’s executive coaching platform with Everwise’s mentoring and social learning capabilities into a single, end‑to‑end leadership learning and development offering operating under the Torch brand. The combined company will deliver coaching, mentoring, facilitated learning and HR tracking at scale to enterprise customers; Everwise co‑founder Colin Schiller and former eBay executive Maynard Webb (board observer) are involved in the transition.

OpenAI Acquires Torch to Build Out ChatGPT Health

January 13, 2026

Healthcare Services

OpenAI has acquired Torch, a small health-records startup, in a deal reported at about $100 million. The four-person team from Torch will join OpenAI to help build out its ChatGPT Health capabilities by aggregating and normalizing fragmented patient data.

Torch.AI Acquires The DataTech Group

December 7, 2021

Data & Analytics

Torch.AI acquired The DataTech Group, an Illinois-based data warehouse and analytics solutions provider, to strengthen its capabilities and expand support for U.S. Department of Defense and other federal clients. The acquisition brings DataTech’s expertise in data warehousing, decision support systems, and enterprise architecture into Torch.AI’s AI-powered Nexus platform to accelerate federal mission outcomes.

Milliman Acquires McHugh Consulting Resources

March 8, 2021

Professional Services

Milliman, Inc. has acquired McHugh Consulting Resources, Inc., a provider of outsourced insurance compliance and regulatory services, strengthening Milliman's life and health insurance compliance capabilities. The deal integrates McHugh's compliance team into Milliman's consulting platform to expand regulatory, filings and product-compliance support for insurer clients (no financial terms disclosed).

iCapital Network Acquires AI Insight

January 21, 2021

Financial Services

iCapital Network has agreed to acquire the assets of AI Insight, Inc., an education and compliance platform that provides fund-specific research, training and credentialing for financial advisors focused on alternative investments. As part of the transaction, AI Insight’s executives Sherri Cooke and Jennifer Simon and eight additional employees are expected to join iCapital to integrate AI Insight’s learning management system into iCapital’s advisor-facing alternative investment platform.