Journey Health & Lifestyle Acquires LifeWalker Mobility
Journey Health & Lifestyle Brands (“Journey“) is pleased to announce that it has acquired LifeWalker Mobility Products (“LifeWalker”), the manufacturer and distributor of the revolutionary UPWalker family of products, including the original UPWalker, UPWalker Lite and UPWalker Premium Lite products. The acquisition, and additional growth capital for the combined companies, was provided by Peloton Equity and other existing investors in Journey, including Escalate Capital.
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“This acquisition will enable us to broaden and deepen our product portfolio with a world-class product line that can now scale using Journey’s robust marketing, sales, and distribution channels. Ultimately, the two companies together allow us to positively impact more consumers’ lives and bring more value to our retail partners.”
UPWalker® is the only clinically tested, ISO-certified safe, and FDA registered upright walker with a patented balance center of gravity design to provide users with a significant safety advantage over other upright walkers. The UPWalker® Lite and UPWalker® Premium Lite models are also among the lightest upright walkers on the market. The unique UPWalker® design enables users to walk upright in a safer, more secure posture – allowing them to walk farther with less effort and greater confidence.
LifeWalker expands the growing Journey portfolio of branded products by adding the leading upright walker in the healthcare market. The complete line of UPWalker® products can be purchased online, as well as through healthcare providers and distributors throughout the United States, including the Veterans Health Administration.
This acquisition continues the growth of the Journey Health & Lifestyle platform, initially formed in May 2021, concurrent with the acquisition of FirstStreet. Journey, headquartered in Richmond, Virginia, develops and distributes direct-to-consumer, premium mobility, sleep, comfort, and safety products and services for senior consumers. The company’s products provide customers an enhanced quality of life and enable them to continue safely, independently, and gracefully on their “journey” in life.
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“We are excited to bring LifeWalker’s revolutionary UPWalker® products into the Journey family,” said Journey CEO Mitch Yoel. “This acquisition will enable us to broaden and deepen our product portfolio with a world-class product line that can now scale using Journey’s robust marketing, sales, and distribution channels. Ultimately, the two companies together allow us to positively impact more consumers’ lives and bring more value to our retail partners.”
Craig Shugert, Co-Founder and CEO of LifeWalker, added, “We are thrilled to join forces with Journey and see the UPWalker® product line gain more scale and reach through the Journey platform.”
Journey Health & Lifestyle creates innovative products and services to help seniors with daily mobility, comfort, sleep and safety so they have more freedom to enjoy every moment of life’s journey.
Journey was formed in May 2021 as a partnership between Peloton Equity and a management team led by Harvey Diamond and Richard Kolodny. The company’s mission is to help seniors live healthier, more comfortable, active and connected lives by providing them premium, innovative products and services. The company’s products include the Zoomer, Zinger, the Perfect Sleep Chair, the So Lite line of ultralightweight mobility products, the Journey Air Elite, the UPBed®, and many more.
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