Sun Life Acquires PinnacleCare
April 23, 2021
Sun Life Financial agreed to acquire PinnacleCare, a Maryland-based medical intelligence and health-care navigation provider, for US$85 million to expand its U.S. Stop-Loss & Health business. The acquisition (expected to close mid-2021) will integrate PinnacleCare's care-navigation and second-opinion capabilities into Sun Life's stop-loss offering to improve member outcomes and reduce costs.
- Buyers
- Sun Life Financial Inc.
- Targets
- PinnacleCare
- Industry
- Healthcare Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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