CHICAGO, Illinois, October 29, 2024 – CuraLinc Healthcare, a leading provider of mental health and wellbeing programs for employees, students and families, and Lightyear Capital (“Lightyear’), a New York-based private equity firm, today announced the strategic acquisition of Marquee Health (“Marquee”), a premier provider of corporate wellness and health coaching services. The acquisition further strengthens CuraLinc’s ability to offer a fully integrated, holistic approach to wellness that supports physical, mental and emotional wellbeing.
The combined company will provide comprehensive, personalized solutions to over 6,000 clients and more than 10 million members, engaging and empowering individuals at every stage of their health and wellness journey. Together, CuraLinc and Marquee will deliver an enhanced spectrum of services, including mental health counseling, health coaching, biometric screenings, lifestyle management and wellness incentive programs.
“By integrating Marquee’s expertise in physical health and wellness with CuraLinc’s industry-leading mental health solutions, we are creating a truly comprehensive wellbeing solution,” said Sean Fogarty, President and Chief Executive Officer of CuraLinc. “This acquisition enables us to better serve our clients by providing seamless, data-driven care that improves outcomes and lowers health care costs.”
“For the past 10 years, we have partnered closely with CuraLinc to bring industry-leading mental health services to our mutual clients,” said Jonathon Short, Founder and President of Marquee Health. “Together, we can now offer a full continuum of care that addresses every aspect of wellbeing, from mental and emotional support to physical health and preventive treatment.”
The acquisition of Marquee Health marks a significant milestone for CuraLinc, as the company continues to grow and expand its service offerings under the leadership of Lightyear Capital, CuraLinc’s primary investor. “This partnership will accelerate our growth and innovation, enabling us to provide more meaningful and measurable solutions for our clients,” said Fogarty.
CuraLinc and Marquee have worked together for many years, sharing clients and collaborating on wellness initiatives. The acquisition formalizes this long-standing partnership, ensuring that clients and their employees benefit from a more robust, integrated solution designed to enhance employee engagement and improve overall health outcomes.
Marquee represents CuraLinc’s first acquisition in partnership with Lightyear. Troutman Pepper Hamilton Sanders LLP and Davis Polk & Wardwell LLP served as legal advisors to CuraLinc and Lightyear. Locke Lord LLP served as legal counsel, and The Chicago Corporation served as Marquee’s financial advisor. Terms of the transaction were not disclosed.
About CuraLinc Healthcare
CuraLinc Healthcare provides transformative mental health care fueled by connectivity – marrying technology and personalized advocacy to engage, empower and support employees throughout their care journey. For more information, please call 800.490.1585, email [email protected] or visit curalinc.com.
About Marquee Health
Marquee Health is a health and wellness company that offers a suite of products designed to support corporate wellness initiatives, empowering them to elevate and shine a light on employee wellness. Recognizing that everyone’s journey to wellness is unique, Marquee Health provides employers with an outcomes-driven suite of health and wellness programs designed to unlock employee engagement and support the commitment to, and maintenance of, a healthy lifestyle. Since its inception in 2014, Marquee Health has helped millions of employees across the country improve their health and wellness. It’s Wellness, Elevated. Learn more at www.marqueehealth.com.
About Lightyear Capital
Lightyear Capital is a New York-based private equity firm that partners with growing companies at the nexus of financial services and technology, health care and business services. For over 20 years, Lightyear has worked closely with management and leveraged its industry expertise, network of advisors and operating resources to accelerate growth and build market-leading businesses. As of December 31, 2023, the firm had assets under management of $5.0 billion. For more information, please visit lycap.com.