LifeSpeak completed the acquisition of Wellbeats for $93m.

LifeSpeak, a mental health and total wellbeing platform for employers, health plans, and insurance companies, completed the acquisition of Wellbeats, a provider of an on-demand, software-as-a-service physical wellbeing platform, for $93m. “The acquisition of Wellbeats significantly expands and diversifies the SaaS-based behavioral health and physical wellbeing solutions LifeSpeak can offer its customers and partners. Wellbeats brings an exceptional on-demand wellbeing platform to millions of users worldwide and provides us with additional growth opportunities via channel partners. Through this acquisition, we are excited to have the opportunity to cross-sell this extraordinary physical wellbeing platform around the world, as well as increase the prevalence of our industry-leading mental health and total wellbeing education platform," Michael Held, LifeSpeak CEO.