Transcarent Completes Acquisition of Accolade for $621 Million

Accolade, Inc. Acquires PlushCare

April 23, 2021

Healthcare Services

Accolade, Inc. has signed a definitive agreement to acquire PlushCare, a virtual primary care and mental health provider, in a transaction valued at up to $450 million (including cash, stock and performance-based consideration). The deal will add primary care and mental health capabilities to Accolade's advocacy and navigation platform to expand direct care delivery for Accolade members and drive broader employer cost savings and engagement.

Transcarent Acquires 98point6 Virtual Care Platform and Care Business

March 6, 2023

Healthcare Services

Transcarent announced it will acquire the AI-powered virtual care platform and care business of 98point6, adding 98point6’s text-based virtual primary care technology and affiliated medical group to Transcarent’s integrated health and care experience platform. The deal (announced March 6, 2023) transfers the care delivery business to Transcarent while 98point6 Technologies will continue focusing on licensing its technology to third-party providers.

Trimble to Acquire Transporeon for €1.88 Billion

December 12, 2022

Cloud & SaaS

Trimble agreed to acquire Transporeon, a cloud-based transportation management software platform, in an all-cash transaction valued at €1.88 billion. The deal is expected to close in the first half of 2023 subject to customary regulatory approvals and conditions.

Vera Whole Health Acquires Castlight Health

January 5, 2022

Healthcare Services

Vera Whole Health agreed to acquire publicly traded Castlight Health for approximately $370 million in an all-cash tender offer at $2.05 per share, taking Castlight private. Funds advised by Clayton, Dubilier & Rice (CD&R) committed to be the majority equity backer of Vera to support the combination, and Anthem will make an investment in the combined company to help scale value-based care by integrating Castlight's navigation technology with Vera's primary-care clinics.

Integra LifeSciences Acquires Acclarent, Inc.

April 1, 2024

Medical Devices

Integra LifeSciences Holdings Corporation has completed its acquisition of Acclarent, Inc., a maker of ear, nose and throat (ENT) surgical devices. The transaction expands Integra’s product portfolio into the ENT device segment, adding approximately $1 billion to the company’s total addressable market and providing scale through Acclarent’s commercial and R&D capabilities.

Altaris Acquires Trean Insurance Group

April 18, 2023

Insurance

Altaris, LLC completed a take-private acquisition of Trean Insurance Group, Inc., acquiring the remaining publicly held shares for $6.15 per share in a transaction that implied an approximate $316 million equity value. Trean will remain headquartered in Wayzata, Minnesota, with Julie Baron continuing as President and CEO and founder Andrew O'Brien remaining as Executive Chairman and an investor; Trean will cease trading on Nasdaq following the closing.