Interactive Health Solutions Inc., the Schaumburg, Ill.-based healthcare consulting and wellness company, is nearing a sale, The Deal’s Laura Cooper reported. The company is working with Moelis & Co. and Houlihan Lokey Inc. on the sale process, which is confirmed to include private equity shops. A transaction is likely to be valued between $385 million and $420 million, applying a multiple of 11 to 12 times its roughly $35 million in Ebitda. Other wellness-focused players currently on the market include Healthways Inc. (HWAY), which enlisted the help of JPMorgan Chase & Co. in late January as it launched a sale process.
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