Marlin Equity is preparing to sell VirginPulse in a deal that could ultimately value the employee wellness firm north of $2 billion, five sources familiar with the process told PE Hub. VirginPulse, based in Providence, Rhode Island, is a healthcare IT company that offers personalized apps supported by mobile and wearable devices to encourage healthier lifestyles for employees and ultimately create more productive workforces. The company generates approximately $80 million in Ebitda, three of the sources said.
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Source: https://www.pehub.com/marlin-equity-readies-2-bln-plus-sale-of-viginpulse