Audax Private Debt announced that, as Administrative Agent and Joint Lead Arranger, it provided a unitranche credit facility to support Lightyear Capital in their acquisition of CuraLinc Healthcare, a provider of workforce and student mental health solutions and employee assistance programs to large and mid-sized employers.
Founded in 2008 and headquartered in Chicago, IL, CuraLinc is an innovative provider of employee assistance (EAP), student and workforce mental health programs, including personalized solutions that engage, empower, and support employees, members, and students throughout their mental health care journey. The Company’s programs cover approximately nine million employees and students across more than 4,200 clients around the world, including numerous Fortune 500 employers. CuraLinc’s comprehensive suite of services include mental health counseling and coaching, crisis support, text therapy, digital group therapy, management consultation, mental health navigation and advocacy, student assistance programs, and digital cognitive behavioral therapy (dCBT.).