Fierce Healthcare June 24, 2024
Digital health company Sharecare has agreed to be acquired by private equity firm Altaris for $1.43 in cash per share, or about $518 million.
The merger consideration of $1.43 per share represents a premium of approximately 85% over the closing price of Sharecare on June 20, 2024. Altaris plans to take Sharecare private once the deal is finalized.
Altaris is an investment firm exclusively focused on the healthcare industry.
The company was founded in 2010 by Jeff Arnold, founder of WebMD, and Dr. Mehmet Oz. Sharecare provides a comprehensive and data-driven virtual health platform designed to help people manage all their health in one place.
The company works with providers, employers, health plans and government organizations to optimize individual and...