CVC Capital Partners Acquires Majority Stake in Icario

May 4, 2021

CVC Capital Partners (via its CVC Growth Partners II fund) acquired a majority interest in Icario to support the company's next phase of growth and accelerate its product and go-to-market roadmap. Financial terms were not disclosed; Icario will leverage CVC's resources to scale its health action platform and expand member engagement solutions for large U.S. health plans.

Targets
Icario
Location
Minnesota, United States
Transaction Type
Buyout

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