M&A Deal Summary

Lyra Health Acquires Bend Health

On July 16, 2025, Lyra Health acquired healthcare services company Bend Health

Acquisition Highlights
  • This is Lyra Health’s 2nd transaction in the Healthcare Services sector.
  • This is Lyra Health’s 1st transaction in the United States.
  • This is Lyra Health’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2025-07-16
Target Bend Health
Sector Healthcare Services
Buyer(s) Lyra Health
Deal Type Add-on Acquisition

Target

Bend Health

Madison, Wisconsin, United States
Bend Health is a provider of pediatric mental health care services for children and families. Bend Health is based in Madison, Wisconsin.

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Buyer(S) 1

Buyer

Lyra Health

Burlingame, California, United States

Category Company
Founded 2015
Sector Medical Products
DESCRIPTION

Lyra Health is a provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. The Company is transforming mental health care using intelligent matching technology, concierge support, and an innovative digital platform to deliver a frictionless experience for members, providers, and employers. Lyra Health was founded in 2015 and is based in Burlingame, California.


DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-19 ICAS World

London, United Kingdom

ICAS World is a provider of Employee Assistance Programmes to the business community. ICAS provides counselling services 24/7, 365 days a year through a direct network of 49 local offices and a total presence in 155 countries delivering services using more than 40,000 mental health providers. ICAS World was founded in 1987 and is based in London, England.

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