Home Health Care News June 21, 2024
Andrew Donlan

Sharecare (Nasdaq: SHCR) – the digital health company that owns the home-based care platform CareLinx – is set to be acquired.

An affiliate of Altaris Capital – a health care investment firm – is acquiring the company for $1.43 per share, which represents a premium of 85% on Sharecare’s closing price as of June 20. In total, the deal is worth about $518 million, according to MarketWatch.

Sharecare initially entered the Nasdaq at about $10 per share in November of 2020. Almost four years later, the company will again become private and no longer be listed on the public market.

“After embarking on a deliberate process to maximize stockholder value and best position Sharecare for continued growth and success, we...

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Topics: Digital Health, Mergers & Acquisitions / JV, Technology, Trends
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