WAYNE, PENNSYLVANIA – March 13, 2020: Falcon Capital Partners, LLC, a leading middle-market investment bank, is pleased to announce that its client, Wellness Coaches, has acquired Corporate Wellness Nutrition (CWN), dba Family Food.
Wellness Coaches, a client in Falcon’s growing strategic advisory practice, is one of the nation’s largest and most experienced provider of onsite coaching services. The Company has successfully replicated their outcomes with 100’s of employers over the past 15+ years. They currently service employers of all sizes (from small local employers to some of the largest companies in the world), in most business classifications and in over 35 states throughout the country. Wellness Coaches has delivered over 7,000,000 one-on-one coaching sessions with 350,000 employees and dependents, at 1,000+ employer locations.
Family Food is one of the largest national providers of evidence-based corporate nutrition services. Their national team of highly qualified Registered Dieticians (RDs) provide employees with a unique personalized nutrition experience. The Company works closely with insurers to cover the cost of the program making it easy to implement an affordable, high quality corporate wellness nutrition program that helps produce a healthier and more productive workforce.
The acquisition will significantly enhance Wellness Coaches already robust portfolio of capabilities and further strengthens its position as one of the largest providers of onsite Wellness Coaches and Registered Dietitians.
Falcon served as exclusive buy-side advisor to Wellness Coaches. Wellness Coaches CEO Rob Putnam commented, “Falcon has been a trusted advisor to Wellness Coaches, advising us on a multitude of matters from organizational restructuring to evaluation of various growth strategies. We will continue to rely on their advice as we grow our business.”
The terms of the transaction were not disclosed. The Wellness Coaches press release can be found here.
Falcon has established itself as one of the leading strategic and M&A advisors to healthcare service and technology companies both domestically and internationally and adds Wellness Coaches to the growing list of companies in the healthcare space. The Falcon deal team was led by Managing Director Ted Stack, and Vice President Don Wanner. For more information please contact Ted at tstack@falconllc.com, 610-989-8901 or Don at dwanner@falconllc.com. 610-989-8907.