LifeSpeak Acquires Wellbeats

LifeSpeak Acquires ALAViDA Health Ltd.

October 14, 2021

Healthcare Services

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.

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.

ThoughtSpot Acquires SeekWell

March 31, 2021

Data & Analytics

ThoughtSpot has entered into a definitive agreement to acquire SeekWell, a startup that enables SQL- and script-driven workflows to push cloud-data insights into business applications. The acquisition will let ThoughtSpot customers operationalize analytics—using natural language search to pull data from cloud warehouses, modify it (e.g., in spreadsheets), and automatically sync results back to apps like Salesforce, Slack, and marketing platforms.

LifeWorks Acquires Netherlands-Based Mental Health Provider Ascender

September 8, 2021

Healthcare Services

LifeWorks has acquired Ascender, a Netherlands-based provider of psychological services and employee wellbeing support. Ascender's team of 38 employees (and ~40 freelancers) across 25 locations and a client base of ~150 will continue to operate largely standalone as LifeWorks expands its total wellbeing offering and presence in the Benelux region.

EQT Acquires LSP (Life Sciences Partners)

November 10, 2021

Financial Services

EQT AB has acquired LSP (Life Sciences Partners), a leading European life-sciences venture capital firm, in a transaction that creates a new EQT Life Sciences business line. The deal values the upfront consideration at EUR 450 million (25% cash / 75% EQT shares) with a EUR 25 million earn‑out paid on meeting fundraising targets (total consideration EUR 475 million at close); LSP's 34-person team and partners join EQT to strengthen its healthcare investing capabilities.