M&A Deal Summary

Lyric Acquires ClaimShark

On April 22, 2025, Lyric acquired information technology company ClaimShark

Acquisition Highlights
  • This is Lyric’s 1st transaction in the Information Technology sector.
  • This is Lyric’s 1st transaction in the United States.
  • This is Lyric’s 1st transaction in California.

M&A Deal Summary

Date 2025-04-22
Target ClaimShark
Sector Information Technology
Buyer(s) Lyric
Deal Type Add-on Acquisition

Target

ClaimShark

El Segundo, California, United States
ClaimShark is a payment integrity technology platform focused on enhancing integration, transparency, and precision for health plans. ClaimShark is headquartered in El Segundo, California.

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Buyer(S) 1

Buyer

Lyric

Newtown Square, Pennsylvania, United States

Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Lyric is a platform-based healthcare technology company, committed to simplifying the business of care by preventing inaccurate payments and reducing overall waste in the healthcare ecosystem, enabling more efficient use of resources to reduce cost of care that benefits payers, providers, and patients. Lyric was formed in 1989 and is headquartered in Newtown Square, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1