M&A TRANSACTION · 2022
Castlight Health, Inc. acquired by Vera Whole Health
$304.0M· 30.4x EBITDA· 2.20x revenue
Target
Castlight Health, Inc.
United States and Canada
Castlight Health, Inc. provides health navigation solutions. The company offers services, such as advanced primary care, virtual urgent care, behavioral health, health coaching, GLP-1 and weight management program, diabetes education, and nutrition education. The company serves employers, health plans, benefit consultants, and digital health partners. The company was formerly known as Ventana Health Services and changed its name to Castlight Health, Inc. in April 2010. The company was incorporat
Acquirer
Vera Whole Health
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$139.6M
EBITDA
$10.0M
Deal Value
$304.0M
EV/EBITDA
30.4x
Context
This $304.0M acquisition of Castlight Health, Inc. by Vera Whole Health sits in the healthtech sub-vertical. The 30.4x EBITDA multiple paid in 2022 can be compared against the population median for healthtech transactions of similar size on our Healthtech valuation hub. Vera Whole Health is acquiring as a strategic buyer; see how strategic acquirers typically price healthtech businesses on our Healthtech strategic buyer-pool page.
Source
Data sourced from SEC Fairness Opinion — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
Value your own healthtech
Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.
Compare your business to the Castlight Health, Inc. acquisition.