M&A Deal Summary

Altaris Acquires Sharecare

On June 21, 2024, private equity firm Altaris acquired internet software and services company Sharecare

Acquisition Highlights
  • This is Altaris’ 1st transaction in the Internet Software and Services sector.
  • This is Altaris’ 33rd transaction in the United States.
  • This is Altaris’ 1st transaction in Georgia.

M&A Deal Summary

Date 2024-06-21
Target Sharecare
Sector Internet Software and Services
Buyer(s) Altaris
Deal Type Going Private
Advisor(s) Houlihan Lokey (Financial)

Target

Sharecare

Atlanta, Georgia, United States
Sharecare is a digital health company that helps people consolidate and manage various components of their health in one place, regardless of where they are on their health journey. Sharecare provides the messaging, motivation, management, and measurement tools to help individuals, workforces, and communities optimize their comprehensive well-being. Sharecare was founded in 2010 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Altaris

New York City, New York, United States

Category Private Equity Firm
Founded 2003
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Altaris is a specialist private equity firm that targets investments in the healthcare industry. Altaris focuses its investment activity across the healthcare sector, including pharmaceuticals, medical devices, healthcare services and healthcare IT. Altaris will consider both control and non-control investment situations requiring $15 to $50 million of equity capital. Prospective investment situations include corporate carve-outs, leveraged buyouts, and growth equity/recapitalization investments. Altaris was formed in 2004 and is based in New York, New York.


DEAL STATS #
Overall 35 of 35
Sector (Internet Software and Services) 1 of 1
Type (Going Private) 3 of 3
State (Georgia) 1 of 1
Country (United States) 33 of 33
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 IntriCon

Arden Hills, Minnesota, United States

IntriCon is a manufacturer and distributor of miniature and micro-miniature body-worn devices for the health care industry. IntriCon was founded in 1930 and is based in Arden Hills, Minnesota.

Buy $241M