M&A Deal Summary

Spring Health Acquires Weldon

On May 18, 2022, Spring Health acquired internet software and services company Weldon

Acquisition Highlights
  • This is Spring Health’s 1st transaction in the Internet Software and Services sector.
  • This is Spring Health’s 1st transaction in the United States.
  • This is Spring Health’s 1st transaction in New York.

M&A Deal Summary

Date 2022-05-18
Target Weldon
Sector Internet Software and Services
Buyer(s) Spring Health
Deal Type Add-on Acquisition

Target

Weldon

New York, New York, United States
Weldon is a wellness platform offering evidence-based guidance and support for parents. Weldon was founded in 2019 and is based in New York City.

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Buyer(S) 1

Buyer

Spring Health

New York, New York, United States

Category Company
Founded 2016
Sector Healthcare Services
DESCRIPTION

Spring Health provides mental health solutions for employers and health plans. Using clinically-proven machine learning models, we accurately assess an individual's needs and then our experienced care navigators guide the individual to the right care, whether it's coaching, meditation, therapy, medication or more. Spring Health was founded in 2016 and is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1