GlobalFit Acquires The Charge Group

GlobalFit LogoGlobalFit, a Philadelphia, PA-based workplace health and wellness technology company, acquired The Charge Group, a provider of insurance-funded workplace health and nutrition programs.

The amount of the deal was not disclosed.

Following a 18-month partnership, GlobalFit and Charge have merged with the goal of accelerating the introduction of Charge’s in-person and tele-nutrition programs at GlobalFit’s 4,500 employer and insurer clients nationwide.

Founded in 2015, The Charge Group provides insurer-reimbursed workplace health and nutrition programs. Charge provides a complete 1-on-1 tailored nutrition program specifically designed for each employee to meet their health goals, individual needs and busy lifestyle.
The company has 34 employees and serves approximately 400 employer clients.

As a subsidiary, led by its Founder and CEO Mike McGrath, Charge will continue to provide nutrition services to its existing client roster in the Mid-Atlantic region while expanding its insurance-funded in-person workplace nutrition services nationwide to GlobalFit’s clients.
Its newly developed tele-nutrition platform will also be deployed nationally to reach those employees in remote locations who are unable to meet with a registered dietitian in-person.

Led by CEO Tony Frick, GlobalFit has expanded its suite of workplace wellness technology solutions in recent years to include a gym and studio network (Gym Network 360), a national and international wellness reimbursement platform (GlobalFit Rewards), a mindfulness solution connecting the physical and mental health of its users (WalkMyMind), and a dynamic pricing solution connecting users to studios, gyms and trainers (GlobalFit Anywhere).

 

FinSMEs

13/06/2019

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