LifeSpeak Acquires ALAViDA Health Ltd.
October 14, 2021
LifeSpeak Inc. (TSX: LSPK) has completed the acquisition of ALAViDA Health Ltd., a virtual SaaS provider of cognitive-behavioral therapy solutions for substance use disorders, for total consideration of $12 million ( $7M cash + up to $5M earnout). The deal expands LifeSpeak's behavioral health capabilities and creates cross-sell opportunities between ALAViDA's on-demand SUD platform and LifeSpeak's global mental health and wellbeing customer base.
- Buyers
- LifeSpeak Inc.
- Targets
- ALAViDA Health Ltd.
- Industry
- Healthcare Services
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
LifeSpeak Acquires Wellbeats
March 1, 2022
Cloud & SaaS
LifeSpeak Inc. (TSX: LSPK) has completed its acquisition of Minnesota-based Wellbeats Inc., a market-leading on-demand physical wellbeing SaaS platform. The deal broadens LifeSpeak’s mental-health-focused offering into physical wellbeing, adds 400+ enterprise clients, strengthens its U.S. presence and is expected to contribute to a pro forma ARR of approximately $54.4 million.
-
LifeSpeak Inc. Acquires LIFT Digital Inc. (LIFT session)
October 12, 2021
Cloud & SaaS
LifeSpeak Inc. (TSX:LSPK) has completed the acquisition of Montreal-based LIFT Digital Inc., operating as LIFT session, to add on-demand fitness and live workout capabilities to its mental health and total wellbeing SaaS platform. The deal consideration was approximately $15.0 million (about $9.5 million cash and ~550,000 common shares), and LifeSpeak expects the acquisition to enable cross-sell opportunities and accelerate product capability and geographic growth.
-
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.
-
LiveVox Acquires SpeechIQ
January 27, 2020
AI & Machine Learning
LiveVox, a cloud customer engagement platform provider, has acquired SpeechIQ, an AI-driven speech analytics and quality assurance platform headquartered in Columbus, Ohio. The acquisition strengthens LiveVox’s workforce optimization (WFO) and speech analytics capabilities, enabling deeper insights from call recordings and improved customer engagement for contact centers.
-
Voices Acquires Voices.ai to Launch Developer Platform for Voice Applications
April 24, 2023
AI & Machine Learning
Voices, the global voice-over marketplace, has acquired Voices.ai and plans to launch a next-generation developer platform for voice applications that will include APIs, libraries, documentation and cloud infrastructure. The acquisition supports Voices’ push into AI-generated voices and developer-focused tools to serve use cases such as voice assistants, eLearning and real-time synthetic voice applications.
-
Life Clips Acquires Cognitive Apps Software Solutions Inc.
April 6, 2021
AI & Machine Learning
Life Clips, Inc. (OTC Pink: LCLP) has closed the acquisition of Cognitive Apps Software Solutions Inc., an AI-powered, speech-based mental health analytics platform. Life Clips gains Cognitive Apps' intellectual property and R&D team to further develop the technology for mental health diagnostics, employee/patient monitoring and psychedelic research.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.