Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center
Sterling Bay→Pacific Center
May 29, 2026
Universal Health Services has approved the merger acquisition of Talkspace, a behavioral health business in New York. Universal Health Services acquisitions target Talkspace’s virtual mental health platform, which provides licensed therapy for individuals, teens, and couples, plus psychiatric treatment and medication management. Talkspace matches members with thousands of licensed therapists for live video, audio, or chat and encrypted asynchronous text therapy through HIPAA-compliant web and mobile access. The healthcare M&A deal is a strategic acquisition, with Talkspace stockholders voting in May 2026 and closing expected in the third quarter of 2026, subject to customary regulatory approvals and other closing conditions.
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May 29, 2026
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