As a combined entity, Virgin Pulse and HealthComp will serve more than 1,000 self-insured employers and more than 20 million members. New Mountain Capital will be the majority owner.

Through an expanded partnership, Virgin Pulse’s clients who use the Homebase for Health platform can now access Headspace’s full suite of services. This includes an on-demand employee assistance program, clinical support and self-guided tools.

Read about executive hires across healthcare and life science companies and organizations such as ProofPilot, Genentech, MassBio, Virgin Pulse, and more.

The merger of the two patient engagement companies will create an organization with more than 2,000 employees. The deal would expand Virgin Pulse’s channels for communicating with patients and help it expand into some new markets. 

Private equity firm Marlin Equity Partners announced it has acquired both businesses and plans to merge them under Virgin Pulse’s brand as part of a deal that’s expected to close by the end of the month.