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Franklin firm completes $1.3B deal for Nutrisystem

Eric Snyder
Franklin firm completes $1.3B deal for Nutrisystem

Franklin-based Tivity Health Inc. has completed its $1.3 billion acquisition of Nutrisystem. "Both Nutrisystem and Tivity Health have successful track records improving health, both in the lives of consumers and health plan members, as well as in the communities where we do business,” Tivity CEO Donato Tramuto said in a news release. “That experience, coupled with our shared commitment to our varied stakeholders, will power successful execution on the many opportunities that lie ahead.” "Since announcing the transaction, we have received overwhelmingly supportive feedback from our health plan customers, members and fitness partners about their interest in the broad array of offerings of our combined company,” Tramuto continued.