CI Capital Partners Has Signed a Definitive Agreement to Sell Interactive Health

CI Capital Partners Has Signed a Definitive Agreement to Sell Interactive Health

PR Newswire

NEW YORK, July 1, 2015 /PRNewswire/ — CI Capital Partners announced today that it has signed a definitive agreement to sell its portfolio company, Interactive Health, to FFL, a San Francisco-based private equity firm. Interactive Health is the largest U.S.-based, independent company offering integrated workplace wellness solutions to organizations in the United States. CI Capital acquired Interactive Health in partnership with the company’s management in 2011. The sale is subject to customary closing conditions. Terms of the transaction were not disclosed.

For more than two decades, Interactive Health has worked with employers to create innovative wellness programs that actively engage employees to make lasting behavior changes and improve their overall health. Today, Interactive Health serves more than 2,000 employers and 750,000 program participants.

“We are incredibly proud of the work that Interactive Health has done to make individuals healthier and create health care savings for customers,” said Frederick J. Iseman, Chairman and CEO of CI Capital Partners. “We are confident that the company will continue its growth trajectory with its new partner.”

Timothy Hall, Managing Director at CI Capital Partners said, “Throughout CI Capital’s ownership, Interactive Health’s management team did an excellent job of building a bigger company through organic growth and a strategic acquisition, all while continuing to improve the overall customer experience. We have enjoyed a productive partnership with Executive Chairman Joe O’Brien, CEO Cathy Kenworthy and the rest of the Interactive Health management team, and we wish them continued success moving forward.”

“CI Capital has been incredibly supportive of the company’s key operational and growth initiatives as we work towards our goals of improving individuals’ health and providing excellent customer service,” said Cathy Kenworthy, President and CEO of Interactive Health. “We are grateful for their partnership as we look forward to the next chapter in Interactive Health’s development.”

About Interactive Health
Interactive Health (www.interactivehealthinc.com), the country’s leading provider of health management solutions, creates innovative wellness programs designed to increase overall company health and actively engage employees to make lasting behavior changes. Regardless of where a company may fall on the wellness spectrum, Interactive Health has a highly personalized program to meet its needs. By offering health assessments that detect risk at the earliest possible stage, Interactive Health has the capability to immediately intervene and engage at-risk participants with a personalized course of action. Using ActiveEngine, a proprietary algorithmic-based clinical intelligence engine, a unique achievable goal is assigned to each participant based on individual results, and health improvements are measured. Interactive Health has a 20-year track record of creating the Healthiest Companies in America.

About CI Capital Partners
CI Capital Partners LLC, a North American private equity firm, has been investing in middle-market companies since 1993. CI Capital forms partnerships with experienced management teams and entrepreneurs to build substantial businesses through add-on acquisitions, organic growth and operational improvements. Since the firm’s inception, CI Capital and its portfolio companies have made over 150 acquisitions representing approximately $7 billion in enterprise value. CI Capital’s existing portfolio consists of companies which collectively generate annual revenue of over $4 billion, EBITDA of over $400 million and employ over 14,000 people. To learn more about CI Capital Partners, please visit www.cicapllc.com.

Media Contact:
Daniel Yunger or Peter Hill
Kekst and Company
212.521.4800
daniel-yunger@kekst.com / peter-hill@kekst.com

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SOURCE CI Capital Partners LLC

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