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New Deal


Announced

Completed

Wellable completed the acquisition of Sweat Factor.

Financials

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

Tags

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Acquisition

Completed

streaming platform

Domestic

Friendly

Majority

Entertainment

online fitness platform

Single Bidder

Private

United States

Synopsis

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Wellable, an award-winning employee wellness technology and services provider, completed the acquisition of Sweat Factor, a fitness streaming platform. Financial terms were not disclosed. "We are thrilled to provide Wellable users with a comprehensive library of exercise, nutrition, and mindfulness classes. This product has been recognized as a leading application in the consumer market, and we are looking forward to offering access to Wellable's employer, health plan, and property clients," Geoff Geredien, Wellable Chief Growth Officer.

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