Lyra's industry-leading workforce mental health solutions will now reach more than 10 million members in more than 155 countries via ICAS network
Global law firm Baker McKenzie has advised Lyra Health, the leading provider of innovative workforce mental health solutions for employers, in its acquisition of ICAS World, a global employee-assistance program provider with care professionals who support people in more than 155 countries and 66 languages.
With this acquisition, Lyra and ICAS set a new standard for global mental health care as companies will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. The clinical and technological innovations from Lyra and the global expertise of ICAS are a category-defining match.
Lyra and ICAS previously partnered to support large global organizations. This acquisition accelerates Lyra’s investment in globally providing culturally responsive mental health care services such as mental health assessments, coaching, therapy, and guided self-care. Through this acquisition, Lyra will now offer a single source for comprehensive, localized mental health care to more than 10 million members around the world.
The transaction was led by Baker McKenzie partners Leif King and Aarthi Belani in Palo Alto, and partner Phelim O'Doherty in London. The team also included M&A lawyer Claire Guthrie in London, associate Mallory Craig-Karim in San Francisco, Joanna Lees in London, associate Nicolas Woo in San Francisco, and partner Janet MacKenzie in Johannesburg; Employment and Compensation partner Maura Ann McBreen in Chicago, associate M'Alyssa Mecenas in Los Angeles, partner Sofia Chesnokova in San Francisco, and associate Adeola Olowude in Washington, D.C.; Intellectual Property and Technology associates Jaspreet Takhar and Catherine Woods in London; International Commercial & Trade associate Meghan Hamilton in Chicago, associate Daniel Graulich in Washington, D.C., partner Alison Stafford Powell in Palo Alto, and Alexander Rickets in London; Compliance & Investigations partner Geoff Martin in Washington, D.C.; and Regulatory of counsel Julia Gillert in London.
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