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Silverlink Communications has been Acquired by Welltok, Inc.

Wednesday, December 30, 2015

William Blair Advises Silverlink Communications

William Blair acted as exclusive financial advisor to Silverlink Communications, Inc., a portfolio company of Sigma Partners and HLM Venture Partners, in connection with its sale to Welltok, Inc. The transaction closed in November 2015.

Transaction Highlights

  • Sector expertise: Silverlink, Sigma, and HLM were attracted to William Blair’s extensive knowledge and transaction experience in the healthcare technology sector and its strong relationships with likely strategic acquirers.
  • Strong client relationship: Over the past several decades, William Blair developed a deep relationship with Silverlink’s co-founder. In addition, William Blair’s healthcare group has maintained a trusted, long-standing relationship with HLM Venture Partners, having advised on prior transactions on behalf of the firm.
  • Execution excellence: William Blair’s team was integrally involved in each step of the transaction process, closely collaborating with the founders and management team to articulate the strategic value of Silverlink’s technology, negotiate key deal terms, and craft a creative transaction structure. Collectively, this enabled William Blair to produce an optimal outcome for Silverlink and its shareholders.

About the Companies

Silverlink is the proven leader in engagement management technology for healthcare organizations. Its solutions enable health plans and other key stakeholders to engage and support their members in smarter and more effective ways as consumers take on more personal responsibility in their health decisions. Silverlink delivers better control, coordination, and effectiveness in member communications to promote healthy and loyal behaviors.

Welltok, Inc. is fundamentally transforming the way population health managers partner with consumers to optimize their health and get rewarded. Its groundbreaking CaféWell Health Optimization Platform™ organizes the growing spectrum of health and condition management programs, communities, apps, and tracking devices. The platform, accessible via Web and mobile, drives engagement by providing personalized guidance and leveraging social, gaming, and cognitive technologies. Welltok’s novel approach increases revenue, improves operational efficiency, and drives healthcare value.