Gunderson Dettmer Represents Alma in Acquisition by Spring Health

Gunderson Dettmer represented Alma, a platform that helps independent mental health clinicians accept insurance and build private practices, in its acquisition by Spring Health, a leading global mental health platform for employers and health plans.

The acquisition unites two category leaders to address the most persistent challenges in mental health. Spring Health's best-in-class technology and proven specialty care capabilities, along with Alma's national health plan relationships and robust provider infrastructure, will deepen the value delivered for the entire mental health care ecosystem.

“Alma has focused on empowering clinicians to deliver high-quality, in-network care over the long term,” said Dr. Harry Ritter, founder and CEO of Alma, in the announcement of the transaction. “Joining Spring Health accelerates our ability to support clinicians with industry-leading technology while improving quality, experience, and outcomes for members and health plan partners.”

The Gunderson deal team was led by corporate partner Melissa Marks, M&A partner Andrew Luh, and M&A associate Alex Walsh and included corporate associates Shray Gupta, Manan Shah, and Carmen Hurtado-Esteve, strategic transactions and licensing partner Katie Gardner and associate Emily Miller, executive compensation partner Emily Cabrera and associate Erik Ward, tax partner Jace Clegg and associate Tina Xu, data privacy of counsel Cecilia Jeong and associate Carrie Brown, and regulatory partner Greg Kinzelman.

Companies
Alma
Spring Health