Altaris Takes Sharecare Private In $518 Million Deal
Private equity firm Altaris is set to acquire digital health company Sharecare. Under terms of the merger deal, Sharecare stockholders will receive $1.43 in cash per share, totaling about $518 million. ;
The deal is subject to regulatory approvals. Upon completion of the acquisition, which is expected in the second half of 2024, Sharecare will be privately held. ;
Sharecare offers a virtual health platform designed to improve health care access and outcomes for consumers. It works with individuals, health care providers, employers, health plans, government organizations, and communities to optimize individual and population-wide health and well-being . . .