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New Deal


Announced

Riverside acquires digital health platform and metabolic syndrome reduction program Naturally Slim.

Financials

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Sources

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Natural

United States

Acquisition

Private

diet

Single Bidder

Personal Products

weigthloss

Pending

Private Equity

Synopsis

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Riverside, a private equity firm, has acquired Naturally Slim, a digital health platform focused on helping participants reduce Metabolic Syndrome, lose weight and lead healthier lives. Financial terms were not disclosed. Naturally Slim is a clinically proven solution that drives behavioural changes to deliver long-lasting results, including sustained weight loss and a reversal of Metabolic Syndrome risk factors that can lead to serious health conditions, like type 2 diabetes, heart disease and many forms of cancer. The company’s scalable, self-paced digital program utilises the latest behavioural health and teaching concepts to make weight loss achievable for all participants. The company primarily serves self-insured employers helping them create healthier employee populations. “We are thrilled to be working with an already-impressive management team that addresses one of the nation’s biggest health issues. Weight gain has become a nation-wide epidemic, affecting more than 70% of adults. Naturally, Slim’s services not only assist in weight loss but also reduce the factors that contribute to high-risk diseases.” Suzy Kriscunas Riverside Managing Partner.

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