Fenwick Represents Castlight Health in Pending $370 Million Combination with Vera Whole Health

Fenwick represented Castlight Health (NYSE: CSLT), a leading healthcare data and navigation company, in its announced agreement to combine with Vera Whole Health, a pioneer in advanced primary care. The transaction is valued at an equity value of approximately $370 million and will be structured as an all cash tender offer to acquire all outstanding shares of Castlight. The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions. More information can be obtained from the companies’ press release.

The Fenwick transaction team was led by corporate partners David Michaels, Matthew Rossiter and Robert Freedman, and included counsel Kee Bong Kim and associates Chris Gorman, Michael Shaw, Min Ju Park, Arielle Trapp, Justin Kelley, Anja Kong and Tempestt Edward; executive compensation and employee benefits partner Shawn Lampron, counsel Jane Piehler and Laura McIntyre and associates Bryan Belok and Cynthia Yuan; technology transactions partner Jonathan Millard, counsel Ana Razmazma and associates Julia Arruda, Sankalp Kandaswamy, Monica Kim and Aaron Dunn; regulatory partner Tom Ensign and associate Elizabeth Suarez; tax partner Will Skinner and associate Kris Hatch.