Divestiture • Insurance

Lucet Acquires Emcara Health

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date June 3, 2025
Target Emcara Health
Sector Insurance
Buyer(s) Lucet
Sellers(s) GuideWell Mutual Holding
Deal Type Divestiture

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Divestiture 1 of 1
State: Tennessee 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1

Seller Profile 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 Context for Seller #
Overall 2 of 2
Sector: Insurance 1 of 1
Type: Divestiture 2 of 2
State: Tennessee 1 of 1
Country: United States 2 of 2
Year: 2025 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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