Houlihan Lokey Advises Vitality Group

Houlihan Lokey is pleased to announce that Vitality has acquired Ramp Health. The transaction closed on March 25, 2026.

Vitality, a global leader in supporting better health through behavior change, announced the acquisition of Ramp Health, a top provider of employer onsite healthcare, safety, and risk mitigation services, to create a unique integrated healthcare offering that covers the full spectrum of employer health risk exposure, from chronic disease management to occupational safety. The acquisition combines Vitality’s comprehensive health behavior change platform with Ramp Health’s clinical and coaching expertise offered onsite within an organization.

The acquisition reflects the need for a solution to bridge the gap that exists between digital health solutions and high-touch, in-person clinical intervention to have a bigger impact on employee health and risk. It recognizes that traditional, isolated, singular solutions are only one part of a solution to better employee health and lower health risk for a business.

Guided by a core purpose of making people healthier, Vitality is the leader in improving health and unlocking outcomes that matter. By blending industry-leading smart technology, data, AI, incentives, and behavioral science, Vitality inspires healthy changes in individuals and organizations. More than 52 million people have access to Vitality across Europe, the Americas, Asia, Africa, and Oceania.

Ramp Health is a comprehensive, full-service risk mitigation provider that partners with employers, government agencies, and insurers to improve employee health and safety, increase engagement, and reduce healthcare and workers’ compensation costs. By combining a personalized digital platform with integrated onsite and virtual coaching and clinical services, Ramp Health delivers a holistic, end-to-end solution that differentiates it from traditional occupational health and digital-only vendors.

Houlihan Lokey served as buyside advisor to Vitality. This transaction underlines the firm’s continued leadership position in employer-sponsored healthcare.

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