Key Capital advised Frankie Health on its sale to digital wellbeing platform provider Unmind
Unmind
Transactions
Key Capital advised Frankie Health on its sale to digital wellbeing platform provider Unmind
Key Capital worked with the shareholders of Frankie Health, a Dublin-headquartered B2B mental health platform, in its acquisition by UK-based Unmind.
Frankie Health, founded in Ireland in 2020 by James McGann and Seb Poole, provides personalised mental health and wellbeing support via a technology platform for employers and their teams. The company's driving ambition was to get personalised mental health guides to as wide an audience as possible, particularly remote teams. The technology uses encryption for security, privacy and user trust. Now live in 76 countries, the service offers therapy and coaching in 50 languages.
Unmind is a London-based workplace mental health platform provider and is a specialist in the area of preventative mental health. The digital healthcare platform helps employees proactively measure, understand, and nurture their own mental health. Unmind is available to more than two million employees in 110 countries and is used by some of the world’s top employers, including Uber, British Airways, Marks & Spencer, and Samsung.
The deal with Unmind will help Frankie Health rapidly scale and expand its market and customer reach.
"We were delighted to work with James and Seb on this transformational transaction. The pace of development in digital wellbeing and mental wellness has been incredible and the rapid growth of Frankie and Unmind reflects this. We were delighted to build on our sector expertise with this deal at the intersection of our healthcare and tech experience. We look forward to following the journey of the enlarged business as the team addresses a rapidly growing and evolving market."Richard Tunney at Key Capital
Let's start the conversation
Speak with our Corporate Finance team to learn how Key Capital can best help you.