TELUS to Acquire LifeWorks Inc.
June 16, 2022
TELUS entered into a binding arrangement agreement to acquire all outstanding common shares of LifeWorks Inc. for total consideration of approximately C$2.9 billion (including net debt). The deal is being implemented via a court-approved plan of arrangement and requires LifeWorks shareholder approval, regulatory approvals, and other customary closing conditions.
- Buyers
- TELUS Corporation
- Targets
- LifeWorks Inc.
- Industry
- Healthcare Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
TELUS Health Acquires Workplace Options; GTCR Provides Strategic Investment
May 14, 2025
Healthcare Services
TELUS Health has acquired Workplace Options from WindRose Health Investors in a transaction that strengthens TELUS Health's global employee wellbeing capabilities and reach. GTCR is providing a US$200 million preferred equity investment to support the acquisition and accelerate TELUS Health's global growth and technology integration.
-
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.
-
TELUS Completes Acquisition of TELUS Digital
October 31, 2025
IT Services
TELUS Corporation completed its previously announced acquisition of the remaining shares of TELUS International (Cda) Inc. (“TELUS Digital”) that it did not already own, valuing the deal at approximately US$539 million. The transaction gives TELUS 100% ownership of TELUS Digital and is expected to drive AI-powered digital customer experience and SaaS transformation, including approximately US$150 million in annualized cash synergies.
-
Love.Life Acquires Plant Based TeleHealth Inc.
March 21, 2023
Healthcare Services
Love.Life, an integrated health and wellness company led by John Mackey, has acquired Plant Based TeleHealth Inc., a nationwide telemedicine service focused on lifestyle medicine. The business has been rebranded as Love.Life Telehealth and will expand Love.Life’s virtual medical offerings alongside its planned physical locations, providing care for chronic disease and wellness to patients across the U.S. and internationally.
-
WELL Health Acquires ExecHealth Inc.
April 8, 2021
Healthcare Services
WELL Health Technologies Corp. agreed to acquire all issued and outstanding shares of ExecHealth Inc., an Ottawa-based omni-channel provider of primary, corporate and executive health services. The deal consideration includes CA$6.52M cash, CA$4.21M in WELL common shares and a performance-based earn-out of up to CA$1.89M; the transaction expands WELL's clinical footprint into Ontario and its premium corporate/executive health offering.
-
TELUS International to Acquire WillowTree
October 27, 2022
IT Services
TELUS International has entered into a definitive agreement to acquire WillowTree, a full-service digital product provider, for an enterprise value of US$1.225 billion (inclusive of US$210 million of assumed debt). The deal is expected to close in January 2023, subject to customary closing conditions and regulatory approvals, with Insignia Capital Group selling its majority stake.
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.