Wellfit Technologies Acquires Launch Loyalty Division from Careington

Alliance Data Spins Off LoyaltyOne Into Public Company Loyalty Ventures

November 8, 2021

Marketing & Advertising

Alliance Data Systems completed the previously announced separation of its LoyaltyOne segment into an independent, publicly traded company called Loyalty Ventures (ticker: LYLT). The separation was executed via a pro rata distribution of 81% of Loyalty Ventures shares to Alliance Data shareholders, with Alliance Data retaining 19% to divest later; the move was intended to simplify Alliance Data’s business and allow each company to focus on its core strategy.

Sun Life Acquires PinnacleCare

April 23, 2021

Healthcare Services

Sun Life Financial agreed to acquire PinnacleCare, a Maryland-based medical intelligence and health-care navigation provider, for US$85 million to expand its U.S. Stop-Loss & Health business. The acquisition (expected to close mid-2021) will integrate PinnacleCare's care-navigation and second-opinion capabilities into Sun Life's stop-loss offering to improve member outcomes and reduce costs.

Carebook Technologies Acquires InfoTech Inc. (Wellness Checkpoint)

April 6, 2021

Healthcare Services

Carebook Technologies Inc. has closed its acquisition of InfoTech Inc., operator of the Wellness Checkpoint health risk assessment platform, in a transaction valued at C$14 million (C$9M cash and C$5M in Carebook shares). The acquisition adds a profitable, multilingual SaaS wellness platform serving ~1 million employees globally and is expected to be immediately accretive while expanding Carebook's capabilities and reach in the employer, pharmacy and insurer markets.

TurningPoint Healthcare Solutions Acquires Fairway Health

May 14, 2024

Healthcare Services

TurningPoint Healthcare Solutions has acquired Fairway Health, a health‑technology startup that uses LLMs and generative AI to automate clinical documentation and streamline prior‑authorization workflows. TurningPoint plans to deploy Fairway’s HIPAA‑compliant AI across its specialty condition management programs (managing nearly $4 billion in costs) to accelerate care, improve outcomes, and reduce provider administrative burden.

Xalles Holdings Acquires Private Loyalty Club Inc.

July 27, 2022

Marketing & Advertising

Xalles Holdings Inc. (OTC: XALL) will acquire Private Loyalty Club Inc. (PLC) in a share-exchange agreement, making PLC a wholly owned subsidiary of Xalles Financial Services Inc. PLC is based in Tampa, Florida and operates premium membership programs (Private Wine Club and Private Beauty Club) serving restaurants and merchants; Xalles says the acquisition will integrate PLC offerings with its Global Savings Network and payment/membership technology. The transaction was expected to close by July 31, 2022.

Linden Capital Partners Acquires LifeStyles Healthcare

December 1, 2022

Consumer Products

Linden Capital Partners has acquired LifeStyles Healthcare, a global sexual health and wellness platform, from a consortium of investors including Trustar Capital and Humanwell Healthcare. The deal excludes LifeStyles' Chinese operations (including the Jissbon brand), which will be retained by the selling shareholders; Linden has named Laurent Faracci as incoming CEO and Ron Fugate as Chairman to drive commercial, brand, and innovation-led growth.