PE-backed Interactive Health buys Health Solutions

Interactive Health, which is backed by CI Capital Partners, has acquired Health Solutions. No financial terms were disclosed. Health Solutions is a provider of on-site wellness programs.

PRESS RELEASE

CHICAGO, March 6, 2014 /PRNewswire/ — Interactive Health, the leading provider of outcomes-based wellness programs, announced today an expansion of its capabilities with the acquisition of Health Solutions, an award-winning provider of onsite comprehensive wellness services to organizations in the United States and around the world. The acquisition creates the largest U.S.-based, independent company offering integrated workplace wellness solutions. Each company has more than two decades of experience helping its customers improve the wellness of their employees. The combined organization moves forward together with a single goal of enhancing employee health.
“The workplace wellness industry continues to experience tremendous growth, and organizations realize that improving employee health provides a strategic business advantage,” said Joseph O’Brien, President and CEO, Interactive Health. “For current and potential clients, this acquisition underscores Interactive Health’s belief that employers are best served through comprehensive solutions offered by an experienced partner that delivers results. We are especially excited about the match in the culture of our two companies and the depth of executive and front-line talent that will be joining Interactive Health. Flexibility will continue to be a hallmark of our service model in delighting clients.”
“The potential of our new combined company to systematically manage comprehensive wellness services with the integrated data and know-how to transform employee health outcomes is exciting,” said Charlie Estey, Interactive Health’s EVP of Business Development, who previously served as President of Health Solutions, based on Owings Mills, Md. “We are passionate about flawless execution and will continue to provide the same excellent service customers have come to expect from us. We look forward to moving ahead.”
Interactive Health will now serve clients in all 50 states, Canada, the United Kingdom and Turkey. Plans are underway to implement services in Poland and Mexico and beyond. Interactive Health serves a wide range of employers, health plans and third-party administrators.
About Interactive Health
Interactive Health (www.interactivehealthinc.com) is the leading provider of outcomes-based health management solutions designed to engage employees in the management of their health through early detection and identification of risk factors. Through Smart Testing and a personalized health risk assessment, a proven methodology is applied to proactively identify health risk at the earliest possible stage. If health risks are detected, Interactive Health immediately engages individuals with a personalized course of action. A unique achievable goal is assigned to each participant based on individual results and health improvements are measured using Interactive Health’s proprietary Health Index. Interactive Health has a 20-year track record of creating the Healthiest Companies in America.

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