M&A Deal Summary

Lucet Acquires Emcara Health

On June 3, 2025, Lucet acquired insurance company Emcara Health from GuideWell Mutual Holding

Acquisition Highlights
  • This is Lucet’s 1st transaction in the Insurance sector.
  • This is Lucet’s 1st transaction in the United States.
  • This is Lucet’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2025-06-03
Target Emcara Health
Sector Insurance
Buyer(s) Lucet
Sellers(s) GuideWell Mutual Holding
Deal Type Divestiture

Target

Emcara Health

Franklin, Tennessee, United States
Emcara Health is a local, regional, and national health plan and provider organization to deliver risk adjustment, care management, and in-home care delivery programs in the Medicare Advantage, managed Medicaid, dual-eligible, long-term care, and health insurance exchange markets. Emcara Health was founded in 2012 and is based in Franklin, Tennessee.

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Buyer(S) 1

Buyer

Lucet

Leawood, Kansas, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Lucet is a behavioral health company providing tech-enabled services to health plans, employers, and providers. Lucet is based in Leawood, Kansas.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

GuideWell Mutual Holding

Jacksonville, Florida, United States

Category Company
Sector Insurance
DESCRIPTION

GuideWell Mutual Holding Corp. is a health insurance company providers administrative services to state and federal health care programs.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-26 Onlife Health

Brentwood, Tennessee, United States

Onlife Health brings end-to-end simplicity to population health and wellness, connecting and integrating people, technology, and benefit design through our user-friendly engagement platform to guide members to the next right thing to do in their health care journey.

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