M&A Deal Summary

apree health Acquires Castlight Health

On January 5, 2022, apree health acquired internet software and services company Castlight Health for 370M USD

Acquisition Highlights
  • This is apree health’s 1st transaction in the Internet Software and Services sector.
  • This is apree health’s largest (disclosed) transaction.
  • This is apree health’s 1st transaction in the United States.
  • This is apree health’s 1st transaction in California.

M&A Deal Summary
Date 2022-01-05
Target Castlight Health
Sector Internet Software and Services
Buyer(s) apree health
Deal Type Add-on Acquisition
Deal Value 370M USD
Advisor(s) William Blair (Financial)
Fenwick & West (Legal)

Target

Castlight Health

San Francisco, California, United States
website
Castlight Health is a provider of cloud based software that enables enterprises to understand and manage health care spending. Castlight Health was founded in 2008 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

apree health

Seattle, Washington, United States

website

Category Company
Founded 2008
Sector Healthcare Services
DESCRIPTION

apree health is a critical shift to value-based care across the United States with the capability to deliver whole system health to a diverse patient population from a single care center. The apree health model is uniquely designed to help people achieve optimum social, psychological, and physical well-being an outcome that's neither probable nor affordable within the current sick-care system. apree health was formed in 2008 and is based in Seattle, Washington.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal