E4 Health Acquires Corporate Family
Network
January 7, 2013
New York, NY - Kinderhook Industries, LLC
announced today the acquisition of Corporate Family Network
(“CFN”) by E4 Health, Inc., an existing Kinderhook portfolio
company. The deal represents the 12th healthcare services
transaction completed by Kinderhook. Financial terms of the
transaction were not disclosed.
Based in Dallas, TX, E4 Health is a leading provider of
employee assistance programs (EAP) and behavioral health
risk management programs. E4 Health provides a full range of
total health management solutions on a single integrated
platform – LifeMap – delivering best-in-class EAP,
Behavioral Health, and Wellness services.
Headquartered in New York, NY, CFN is a leading-edge
provider of EAP and work-life services. As E4 Health’s New
York hub, CFN will be a “Center of Excellence,” establishing
baselines for service delivery and outcomes, while setting
industry standards in providing premier corporate service to
clients. The CFN acquisition also enhances E4 Health’s
LifeMap platform, a comprehensive suite of services
encompassing Population Health Management (PHM), Wellness,
and Employee Assistance Programs.
“The acquisition of CFN enables E4 to provide service to
over 2 million people and adds the top caliber resources and
broad expertise of a national EAP, furthering our emergence
as the industry’s premier provider of integrated PHM,
Wellness, and EAP solutions and tailored, outcomes-based
service delivery,” said Bill Mulcahy, CEO of E4 Health. "We
are also very pleased to have Linda John, founder and CEO of
CFN, join us as an integral addition to our management
team.”
“Establishing a Center of Excellence in New York gives us
the ability to set industry standards for EAP and wellness
delivery, underscoring our commitment to systematically
increasing efficiencies, improving outcomes, and lowering
healthcare costs,” said Cindy Sheriff, President of E4
Health. “On a tactical level, CFN’s resources and account
management capabilities will improve client service, while
enabling us to tailor programs that proactively identify and
fundamentally change behaviors, the key to promoting
wellness.”
Chris Michalik, Managing Partner at Kinderhook Industries,
stated that, “We are very excited about the acquisition of
CFN and the team it brings to E4 Health. The acquisition of
CFN is another major step in E4 Health’s evolution and
growth. I believe the complementary strengths of E4 Health
and CFN will provide an exceptional platform to meet the
growing demand of our customers and the market to bend the
cost curve of healthcare.”
Kirkland and Ellis served as legal counsel to E4 Health.
About Kinderhook Industries
Founded in 2003, Kinderhook Industries is a private equity
firm with $770 million of committed capital and an
investment philosophy based on combining senior management
and operating experience in a variety of industries with the
financial and investment know-how of private equity
professionals. Kinderhook primarily makes control
investments in companies in which the firm can achieve
significant financial, operational and growth improvements.
The firm targets orphaned non-core subsidiaries of corporate
parents, existing small capitalization public companies
lacking institutional support and management-led
recapitalizations of entrepreneur-owned companies. By
providing access to capital, strategic advice and an
extensive network of relationships, Kinderhook Industries
has a history of successfully building privately held firms
in partnership with management. For more information please visit:
www.kinderhook.com .
About E4 Health
E4 Health is committed to providing behaviorally based
services that empower individuals and thus enable
corporations to thrive. Delivering best-in-class EAP,
Behavioral Health, and Wellness services on a single
integrated platform - LifeMap – E4 Health provides a full
range of total health management solutions. For more
information please visit:
www.e4healthinc.com
