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Weightwatchers To Acquire Sequence, A Digital Health Platform For Clinical Weight Management

Mar 06, 2023•over 2 years ago

Acquiring Company

Ww International

Acquired Company

Sequence

New YorkNew YorkFitnessWellnessHealth CareFinanceFintech

Description

WW International, Inc. (NASDAQ: WW) (“WeightWatchers,” “WW,” or the “Company”) has entered into a definitive agreement to acquire Weekend Health, Inc., d/b/a Sequence, a subscription telehealth platform offering access to healthcare providers specializing in chronic weight management. Sequence seamlessly integrates the patient and clinician experience for ongoing, clinical care and medication management while providing high-touch support in navigating the insurance approval process.

Company Information

Company

Ww International

Location

New York, New York, United States

About

WeightWatchers is a human-centric technology company powered by our proven, science-based, clinically effective weight loss and weight management programs. For six decades, we have inspired millions of people to adopt healthy habits for real life. We combine technology and community to help members reach and sustain their goals on our programs. To learn more about the WeightWatchers approach to healthy living, please visit ww.com. To learn more about WeightWatchers and jobs with a purpose, visit http://www.ww.com/us/corporate-careers.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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