Public Company Healthcare

LifeSpeak

Toronto, Canada

Evidence-based wellbeing platform providing expert support across fitness and nutrition, caregiving, substance use health, and mental health for employers, health plans, insurers and other organizations.

Focus Areas
Digital wellbeing education and content, Corporate wellness platforms, Behavioral health and digital therapeutics (incl. substance use support)
Website
lifespeak.com

Tracked deals

3

3 tracked deals across 2021-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

LifeSpeak Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for LifeSpeak. 2 2021 1 2022

Supporting Data

Recent Transactions

  • Buyer
    LifeSpeak Inc., Beedie Capital, Scotia Capital Inc., Roth Canada, ULC
    Target
    Wellbeats Inc.
    Type
    Buyout

    LifeSpeak signed a definitive agreement to acquire U.S.-based Wellbeats, a Minnesota-based SaaS platform for on-demand physical wellbeing delivered to enterprise clients, for up to US$92.5 million. The transaction included an upfront cash payment of US$80 million and an earnout of US$12.5 million tied to predetermined 2022 milestones, and it was expected to close in March 2022. LifeSpeak later announced it completed the acquisition.

  • Buyer
    LifeSpeak Inc.
    Target
    Torchlight (EnCompass Education Solutions, Inc.)
    Industry
    Cloud & SaaS
    Type
    Buyout

    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.

  • Buyer
    LifeSpeak Inc.
    Target
    ALAViDA Health Ltd.
    Location
    British Columbia, Canada
    Type
    Buyout

    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.

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