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

Compass Group Equity Partners Invests in The Illuminate Group

July 9, 2025

Logistics & Distribution

St. Louis-based private equity firm Compass Group Equity Partners has partnered with Tampa-based The Illuminate Group, a cold chain design, testing and passive packaging provider focused on last-mile pharmaceutical logistics. Compass will provide capital and operational support to expand Illuminate’s R&D and testing capacity, double office/testing space, build out ERP and sales capabilities, and accelerate product development and market expansion.

Cove Hill Partners Makes Strategic Investment in Encompass Technologies

February 23, 2022

Cloud & SaaS

Encompass Technologies, a provider of cloud-based ERP, eCommerce, and analytics software for the beverage and food supply chain, has received a strategic growth investment from Cove Hill Partners to support product innovation and accelerate growth. Existing investor Radian Capital will remain a partner as Encompass expands its Connect product family and broader cloud offerings.

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.

Milliman Acquires Torch Insight from Leavitt Partners

August 18, 2020

Data & Analytics

Milliman, Inc. acquired Torch Insight from Leavitt Partners to combine Torch Insight's healthcare market data and analytics with Milliman's MedInsight ecosystem. The deal expands Milliman's SaaS health market intelligence capabilities, providing clients a more comprehensive, market-centered analytics solution.

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.