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Cleo completed the acquisition of CareTribe.

Synopsis

Cleo, a benefits platform that provides personalized guidance for working families, completed the acquisition of CareTribe, a company that provides expert guidance and tools to support family caregivers. Financial terms were not disclosed. "The acquisition comes at a moment of unprecedented need for support for working parents and caregivers, and in particular the millions of working Americans who are part of the 'sandwich generation. With Cleo's new end to end support, employers and health plans now have a single, comprehensive family support network that they can deploy to meet the ever changing needs of families in the workforce. We're defining a new standard for how we support working families that acknowledges their dual roles as professionals and caregivers to a loved one," Sarahjane Sacchetti, Cleo CEO.

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