CuraLinc Expands Southeast Presence with CorpCare Acquisition
Deal News | May 05, 2025 | Lightyear Capital
CuraLinc Healthcare, a leader in mental health and wellbeing solutions, has acquired CorpCare Associates' employee assistance program (EAP). The acquisition, backed by primary investor Lightyear Capital, aims to enhance CorpCare clients’ access to resources and innovative mental health solutions. CorpCare, known for personalized EAP services, sees this merger as aligning perfectly with their own advocacy-oriented approach. CuraLinc plans on expanding support options and enhancing client experiences with services such as a diverse provider network, text therapy, and digital behavioral therapy modules. This strategic acquisition underlines CuraLinc’s mission to broaden its impact in the mental health sector globally.
Sectors
- Healthcare
- Private Equity
Geography
- United States – CuraLinc Healthcare and CorpCare are both based in the United States, with the expansion focusing on the Southeastern market.
Industry
- Healthcare – The acquisition involves companies specializing in mental health and wellbeing services.
- Private Equity – Lightyear Capital, a private equity firm, supports CuraLinc in its acquisition of CorpCare, highlighting its investment in the healthcare sector.
Financials
- $7.2 billion – Assets under management by Lightyear Capital as of December 31, 2024.
Participants
Name | Role | Type | Description |
---|---|---|---|
CuraLinc Healthcare | Bidding Company | Company | A provider of mental health and wellbeing solutions that acquired CorpCare. |
CorpCare Associates, Inc. | Target Company | Company | A provider of employee assistance programs acquired by CuraLinc. |
Lightyear Capital | Private Equity Firm | Company | Supports CuraLinc Healthcare's acquisition of CorpCare. |
George Martin | CorpCare CEO | Person | CEO of CorpCare who commented on the alignment with CuraLinc's values. |
Derek Newell | CEO of CuraLinc Healthcare | Person | CEO of CuraLinc Healthcare that welcomed CorpCare clients. |