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New Deal


Announced

Completed

Talkspace went public via a SPAC merger with Hudson Executive Investment in a $1.4bn deal.

Financials

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Transaction Value£1,030m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Merger

counseling services

Single Bidder

Private Equity

Acquisition

Domestic

United States

Consumer Services: Other

Private

Reverse Takeover

De-SPAC

Completed

Synopsis

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Talkspace, a digital and virtual behavioral healthcare company, went public via a merger with Hudson Executive Investment, a SPAC, in a $1.4bn deal. Additionally, the deal was funded via a $300m pipe investment from Federated Hermes Kaufmann Funds, Jennison Associates, Woodline Partners and Deerfield. "Talkspace's technology-enabled operating model combines wide access to high-quality mental health resources with a rigorous, data-driven approach to clinical treatment. We are excited to partner with Oren and his world-class team at Talkspace to democratize access to behavioral health," Douglas L. Braunstein, Hudson Executive Capital Founder and Managing Partner.

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