Bow River Capital and RippleWorx Complete Majority Recapitalization of meQuilibrium

September 11, 2025

Bow River Capital's Software Growth Equity Team has completed a majority recapitalization of meQuilibrium, merging the company with RippleWorx to create a market-leading human capital management firm focused on workforce mental health and performance. The combined business will be dual‑headquartered in Denver and Boston, with meQuilibrium founder Jan Bruce leading and RippleWorx CEO Steve Foster serving as Chairman and Head of Revenue Growth.

Buyers
Bow River Capital, RippleWorx
Targets
meQuilibrium
Industry
Cloud & SaaS
Location
Colorado, United States
Transaction Type
Recapitalization

Explore More

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.