CuraLinc Healthcare Acquires Wellspring EAP, Enhancing Access to Comprehensive Employee Wellbeing Solutions
CHICAGO, IL, December 5, 2024 – CuraLinc Healthcare, a leader in transformative mental health care solutions, is pleased to announce the acquisition of the employee assistance program (EAP) from Wellspring Family Services, a Seattle-based nonprofit dedicated to ending the cycle of family homelessness. This move, supported by CuraLinc’s primary investor Lightyear Capital, aims to expand access to holistic mental health and wellbeing resources for employees and their families nationwide.
“This transition represents an exciting opportunity for CuraLinc to build upon Wellspring’s strong foundation of community-focused support,” said Sean Fogarty, Founder and President of CuraLinc Healthcare. “With guidance from our private equity partner, Lightyear Capital, we are ensuring continuity of care while introducing innovative solutions that help thousands of employees in the Pacific Northwest thrive personally and professionally.”
Wellspring Family Services will continue its mission-driven work in the Pacific Northwest, focusing on programs that prevent and address family homelessness. The organization remains dedicated to connecting families and individuals in crisis to the support and resources they need to regain stability.
“Partnering with CuraLinc allows us to concentrate our efforts on ending family homelessness while ensuring our EAP clients continue to receive best-in-class care,” said Peter Schultz, Interim CEO at Wellspring Family Services. “We are confident that CuraLinc’s expertise will provide exceptional support to our employer clients and their employees.”
What Wellspring EAP clients and employees can expect:
Enhanced care: CuraLinc’s advocacy-based delivery model includes immediate crisis support, in-person and virtual counseling, mental health coaching and digital tools, such as self-guided cognitive behavioral therapy and emotional fitness programs.
Seamless transition: Current EAP phone numbers and access points remain unchanged, ensuring uninterrupted service for all employees during and after the transition period.
Holistic support: Employees will be connected to tailored solutions addressing mental health, wellbeing and underlying challenges, such as social determinants of health or financial stressors.
This acquisition reflects CuraLinc’s ongoing mission to deliver transformative mental health care, leveraging the power of human connection and technology to create meaningful outcomes. The combined capabilities of Wellspring EAP and CuraLinc will support employers in fostering healthier, more resilient workplaces while empowering individuals to navigate life’s challenges with confidence and support.
About CuraLinc Healthcare
CuraLinc Healthcare provides transformative mental health care fueled by connectivity – marrying technology and personalized advocacy to support employees, families and students through programs that have a measurable impact on their health, wellbeing and productivity. For more information, please visit curalinc.com.
About Wellspring
Wellspring Family Services (Wellspring) is a nonprofit, multi-service agency dedicated to preventing and ending family homelessness. With over a century of service, Wellspring provides innovative programs, including housing stability services, an early learning center, a free family store and an employee stability program. Knowledgeable and caring advisors help families and individuals navigate the complex maze of community resources, offering personalized support to achieve lasting stability. Wellspring supports children, families and individuals in the greater King County area. Learn more at wellspringfs.org.
About Lightyear Capital
Lightyear Capital is a New York-based private equity firm that partners with growing companies at the nexus of financial services and technology, health care and business services. For over 20 years, Lightyear has worked closely with management and leveraged its industry expertise, network of advisors and operating resources to accelerate growth and build market-leading businesses. As of December 31, 2023, the firm had assets under management of $5.0 billion. For more information, please visit lycap.com.