The story
Acquisition by Vera Whole Health, Inc
On the January 5, 2022 it was announced that Castlight would be acquired by Vera Whole Health for US$370 million. Vera launched a tender offer of $2.05 for all outstanding Class A and B shares. The same day, Halper Sadeh LLP, an investor rights law firm, announced an investigation into whether $2.05 per share was a fair price for investors. The outcome of this is not publicly known.
apree health
After integrating their operations, Vera Whole Health and Castlight rebranded as apree health in September 2022. Donald Trigg, former CEO of Cerner Corporation, was appointed as CEO of apree. Vera and Castlight continued operating as distinct brands under this umbrella.
In late 2024, under private equity firm Clayton, Dubilier & Rice, and health insurance company Elevance Health, apree health merged with Millennium Physician Group to form Mosaic Health, with each sub-brand remaining independent and Castlight Health still operating as a product.
From Wikipedia’s article on Castlight Health, shared under CC BY-SA 4.0.8