Paul Weiss Aids CI Capital In Interactive Health Buy

Law360, New York (October 6, 2011, 7:09 PM EDT) -- Private equity firm CI Capital Partners LLC announced Thursday it had bought wellness consulting provider Interactive Health Solutions Inc. to capitalize on a growing movement of employers investing in preventive care programs to drive down long-term costs.

IHS' CEO Joe O'Brien will keep his position with the company and founder Jim Banks will remain on the company's board, CI Capital said in a statement. The announcement did not disclose the terms of the deal.

CI Capital's investment in IHS will give it control of a company that sells employee wellness programs in the face of...
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