Altaris Acquires Sharecare

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.

Altaris Acquires Tegria Services Group from Providence St. Joseph Health

January 6, 2026

Healthcare Services

Altaris has completed the acquisition of Tegria Services Group, Inc. from Providence St. Joseph Health, establishing Tegria as a standalone, Altaris‑backed portfolio company that will continue to serve Providence as a preferred technology services partner. The deal positions Altaris to expand its healthcare services and technology platform capabilities—supporting providers and payers with consulting, managed services, data & analytics, and revenue cycle management.

Sharecare Acquires doc.ai

January 28, 2021

AI & Machine Learning

Sharecare has entered into a definitive agreement to acquire doc.ai, a Palo Alto–based enterprise AI platform for healthcare, to accelerate digital transformation and add engineering expertise. The acquisition brings more than 70 engineers (including 11 PhDs) and integrates doc.ai's leadership into Sharecare; Anthem becomes a strategic partner and will have a board representative.

Altaris Capital Partners Acquires Intricon Corporation

May 24, 2022

Medical Devices

Altaris Capital Partners completed the acquisition of Intricon Corporation, taking the NASDAQ-listed micromedical contract developer and manufacturer private for $24.25 per share (approximately $241 million fully diluted). The deal will support Intricon’s continued development and scaling of miniature and micromedical components, sub-assemblies and devices for OEM customers across multiple production facilities in the United States and Asia.

AdaptHealth Corp. Acquires AeroCare Holdings, Inc.

December 1, 2020

Healthcare Services

AdaptHealth Corp. agreed to acquire Orlando-based AeroCare Holdings for approximately $2.0 billion in a transaction consisting of about $1.1 billion in cash and 31 million shares of AdaptHealth stock. The deal, announced December 1, 2020 and closed February 2, 2021, expands AdaptHealth’s home medical equipment scale and geographic footprint—creating a combined company serving nearly 3 million patients from over 500 locations across 46 states.

Sharecare Acquires WhiteHatAI

July 27, 2020

Healthcare Services

Sharecare acquired WhiteHatAI, an AI-driven healthcare payment integrity company based in Cary, North Carolina, to bolster its capabilities in detecting fraud, waste and abuse and extracting unstructured clinical data for payers and providers. The acquisition will integrate WhiteHatAI’s pre-payment claims review and AI tools across Sharecare’s platform to improve payment accuracy, cash flow and revenue cycle management; financial terms were not disclosed.