The acquisition of Wellbeats, once complete, will be LifeSpeaks fourth acquisition following its IPO in July of 2021. Wellbeats is a benefit thousands of businesses and more than 2.3 million members worldwide love. LifeSpeak today announced that it has completed its previously disclosed acquisition of Minnesota-based Wellbeats Inc. ("Wellbeats"). Toronto-based LifeSpeak said in a statement the lifespeak inc., the leading mental health and total wellbeing platform for employers, health plans, and insurance companies, reached a definitive agreement in which Digital fitness and wellness company FitOn has raised $40 million in Series C funding led by Delta-v Capital, the company announced on Tuesday. LifeSpeak, a mental health and total well-being platform working with employers, health plans and insurance companies, announced Monday (Feb. 14) that it has signed on to The Companys most targeted sectors include internet software and services (100%). LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. Wellbeats Contact Information. Avanath is providing residents free access to Wellbeats, an app featuring a variety of virtual fitness classes. With a combined 30 years of experience as respective leaders in digital health education and physical wellbeing, the acquisition of Wellbeats amplifies LifeSpeak's ability to Concurrent with the completion of the Wellbeats transaction in February 2022, LifeSpeak entered into a $97.5 million revolving credit facility with Scotiabank's Technology Innovation and Banking Group (" Scotiabank ") and Desjardins Capital Markets (" Desjardins "). Region: North America. Carebook Expands Development of Pharmacy Solution for Major Pharmacy Client. The acquisition of Wellbeats significantly expands and diversifies the SaaS-based behavioral health and physical wellbeing solutions LifeSpeak can offer its customers and partners. Executed Additional Statement of Work Worth $1.5M MONTREAL, July 13, 2022 /CNW Telbec/ - Carebook Technologies Inc. ("Carebook" or the "Company") (TSXV: CRBK) (OTCPK: CRBKF) (XFRA: PMM1), a leading Canadian provider of Wellbeats, a Minnesota-based market-leading provider of an on-demand, software-as-a-service ("SaaS") physical wellbeing platform, serves a diverse client base of 400+ U.S. and international enterprise clients. Press Releases. The acquisition of Wellbeats, once complete, will be LifeSpeaks fourth acquisition following its IPO in July of 2021. Liked by Jeff Kennefick. February 15, 2022 St. Louis Park-based video fitness platform Wellbeats is coming under new ownership. - 15 February 2022 LifeSpeak, which went public last year, has agreed to acquire Wellbeats, a Minneapolis-based on-demand, software-as-a-service physical well-being Talent Acquisition Specialist at Wolters Kluwer Requires working technical knowledge and expanded conceptual knowledge of customer service with a focus on technology practices and systems. Toronto-based LifeSpeak, a mental health and wellbeing platform for employers and insurance companies, will make Wellbeats its fourth acquisition since October 2021, the Wellbeats CEO Jason Von Bank said in a statement. We are excited to be part of the LifeSpeak family and look forward to continuing to deliver on our mission for our clients, their employees and shareholders. Wellbeats, an on demand fitness provider, announced Tuesday it's being acquired by LifeSpeak Inc. for $92.5 million. Wellbeats CEO Jason Von Bank said in a phone interview Tuesday that the company was poised to keep growing without an M&A deal, but the acquisition puts it in On February 14, 2022, LifeSpeak Inc. (LifeSpeak or the Company) (TSX: LSPK), the leading mental health and total wellbeing platform for employers, health plans, and insurance companies, announced that it signed a definitive agreement to acquire US-based Wellbeats Inc. (Wellbeats) for up to US$92.5 million. While some programs focus on fitness alone. The completion of the Private Placement is subject to applicable regulatory 247 News Around The World 247 News Around The World Employer-focused digital mental health company LifeSpeak announced its plans to buy wellness platform Wellbeats for a whopping $92.5 million. Closed February 2022. Jul 13, 2022. LifeSpeak, a mental health and total wellbeing platform for employers, health plans, and insurance companies, announced that it has signed a definitive agreement to acquire Wellbeats, a Minnesota-based market provider of an on-demand, software-as-a-service physical wellbeing platform, for up to $92.5M. On a pro forma basis, LifeSpeak is expected to LifeSpeak, a mental health and total well-being platform working with employers, health plans and insurance companies, announced Monday (Feb. 14) that it has signed on to buy Wellbeats for $92.5 million. Wellbeats is a Minnesota-based company that provides Software-as-a-Service (SaaS)-based physical well-being services. LifeSpeak has acquired in 2 different US states, and 2 countries. toronto lifespeak inc. (lifespeak or the company) (tsx: lspk), the leading mental health and total wellbeing platform for employers, health plans, and insurance At the time of its initial public offering, LifeSpeak maintained Country: United States. The acquisition of Wellbeats is expected to close in March 2022, subject to customary closing conditions. Wellbeats - Fitness, mindfulness, and nutrition built for business Choose from 1,000+ classes for all ability levels including yoga, HIIT, strength training, running and walking, mindfulness and LifeSpeaks largest acquisition to date was in 2022, when it acquired Wellbeats for $93M. ST LOUIS PARK, MN (June 13, 2022) Wellbeats, Inc., a LifeSpeak company (TSX: LSPK) and the leading provider of on-demand, virtual wellbeing content, announced today that President and CEO Jason Von Bank has been selected as regional winner of the prestigious Ernst & Young (EY) Entrepreneur of the Year 2022 Heartland Award. Internet Software And Services Company LifeSpeak has acquired 3 companies, including 3 in the last 5 years. On a pro forma basis, LifeSpeak is expected to LifeSpeak today announced that it has completed its previously disclosed acquisition of Minnesota-based Wellbeats Inc. ("Wellbeats"). Acquisition of Wellbeats is highly complementary to LifeSpeak's growing portfolio of digital wellbeing solutions and allows the Company to further enhance its offerings for Image Credits: FitOn. www.wellbeats.com Formerly Known As Fitness On Request Ownership Status Acquired/Merged (Operating Subsidiary) Financing Status Formerly PE-Backed Primary Industry Education and Completed the acquisition of Wellbeats, Inc. (Wellbeats), a market-leading U.S. B2B SaaS-based physical wellbeing platform Total Number of Clients 1 increased by Address: 1660 Highway 100 South Suite 590 St. Louis Park MN 55416 United States. LifeSpeak to Acquire Wellbeats LifeSpeak Inc ., the leading mental health and total wellbeing platform for employers, health plans, and insurance companies, today announced that it has signed a definitive agreement to acquire U.S.-based Wellbeats Inc. (Wellbeats) The addition of Wellbeats would bring over 400 clients, doubling LifeSpeaks customer base to more than 800. Wellbeats brings an exceptional on-demand wellbeing platform to millions of users worldwide and provides us with additional growth opportunities via channel partners, "The acquisition of Wellbeats significantly expands and diversifies the SaaS-based behavioral health and physical wellbeing solutions LifeSpeak can offer its customers and partners. Wellbeats brings an exceptional on-demand wellbeing platform to millions of users worldwide and provides us with additional growth opportunities via channel partners Completed the acquisition of Wellbeats, Inc. (Wellbeats), a market-leading U.S. B2B SaaS-based physical wellbeing platform Total Number of Clients 1 increased by 283% to 873 as at March 31, 2022, compared to 228 in the same period in 2021 First quarter 2022 revenue of $8.7 million, an increase of 77% compared to the same period in 2021 The acquisition expands Avanaths presence in the Northern California market, a region where accessibility to affordable housing has become increasingly challenging, according to Daryl Carter, Founder, Chairman, and CEO of Avanath.
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