Bow River Capital Merges meQuilibrium and RippleWorx for Workforce Management

September 12, 2025
Bow River Capital has completed the acquisition of meQuilibrium, merging it with RippleWorx to form a leading human capital management firm focused on workforce mental health and performance.

Bow River Capital has completed the acquisition of meQuilibrium, merging it with RippleWorx to create a market-leading human capital management firm. This strategic move, announced in a press release, aims to enhance workforce mental health and performance management solutions.

The newly formed entity will focus on providing cloud-based solutions that address mental health risks using predictive analytics and digital programming. The merger will also integrate innovative talent development systems and real-time analytics tailored for various sectors, including law enforcement and the Department of Defense.

The combined company will operate from dual headquarters in Denver and Boston, led by meQuilibrium's Founder and CEO, Jan Bruce, and supported by Steve Foster, CEO of RippleWorx, who will serve as Chairman and Head of Revenue Growth. This merger is expected to leverage Bow River's expertise in software growth equity to address complex human capital management challenges and drive down healthcare costs associated with workforce mental health risks.

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