Key highlights from this week :
- Silver Lake-backed Integrity, a leading distributor of life and health insurance and provider of wealth and retirement solutions, acquired Stride Health, a portable benefits technology platform enabling digital insurance enrollment for independent workers. This acquisition expands Integrity’s presence in the under-65 individual marketplace by combining its omnichannel distribution and agent network with Stride’s consumer enrollment technology, enhancing its ability to serve individual health insurance markets. MTS Served as the Exclusive Financial Advisor to Stride Health.
- Altaris agreed to acquire Clarivate’s Life Sciences & Healthcare segment, a provider of data and analytics across the drug and device lifecycle, for $600mm
- Frazier Healthcare Partners agreed to acquire MatrixCare, a provider of cloud-based EHR software for out-of-hospital care settings, from ResMed, for $490mm
- Peak Rock Capital acquired Asembia, a specialty pharmacy technology and services company
- GTCR-backed Experity acquired Exdion Healthcare, an AI-driven RCM SaaS and services company for on-demand and urgent care
- Pearl Health, an AI-powered predictive insights and financial modeling platform for primary care providers, raised $110mm in a mix of debt and equity capital, including a $50mm Series C financing round led by a16z