NS412, LLC
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NS412, LLC - overview
Established
1977
Location
Dallas, TX, US
Primary Industry
Healthcare Specialists
About
NS412, LLC is a health and wellness company that specializes in digital programs aimed at improving metabolic health, emotional well-being, and physical fitness through innovative behavior-change solutions. NS412, LLC, operating under the brand name Naturally Slim, was founded in 1977 in Dallas, US. The company focuses on delivering digital health solutions to improve chronic metabolic conditions. Marcia Upson is the founder, with Rob Butler and Scott Paddock currently serving as CEOs.
The company has undergone strategic pivots to enhance its service offerings over the years. The most recent investment occurred in May 2019, led by Riverside Company, with an undisclosed amount invested. Stellus Capital Management participated as an equity co-investor. Wondr Health offers a suite of digital programs designed to enhance metabolic, emotional, and physical health, aiming to transform health outcomes and reduce healthcare costs.
The core product, Wondr, is a clinically validated behavior-change program that addresses chronic metabolic conditions through personalized lifestyle interventions. Additional offerings include Wondr Advanced and Wondr Plus, which provide higher acuity care options including medication-assisted weight loss support. Emotional health support is provided through eM Life, a mindfulness program focusing on stress reduction. Wondr Health serves over 2,100 employers, health plans, and partners, impacting more than 14 million users primarily in the United States, with plans for international expansion.
Wondr Health generates revenue through partnerships and subscription models with employers, health plans, and benefit consultants. Clients typically engage Wondr Health to provide their employees access to the Wondr program, which includes structured implementation aimed at measurable health improvements and reduced healthcare costs. Revenue transactions are structured around annual contracts or subscription fees tailored to client needs, reflecting the number of employees enrolled and the services utilized, including flagship offerings like Wondr and eM Life. NS412, LLC plans to continue developing its suite of digital health solutions, with new products aimed at enhancing user engagement and outcomes expected to launch in the coming year.
The company is targeting expansion into international markets, with specific plans to reach additional clients by 2024. The recent investment from Riverside Company will support these initiatives, enhancing the company's capabilities to deliver effective health solutions. Additionally, the co-investment from Stellus Capital Management will further bolster their operational growth.
Current Investors
The Riverside Company, Stellus Capital Management
Primary Industry
Healthcare Specialists
Sub Industries
Fitness & Wellness Facilities, Healthcare IT, Mental Health Services
Website
www.naturallyslim.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
NS412, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | eMindful Inc. | - | ||||||||
| Growth | Completed | NS412, LLC | - |
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