Transcarent Completes Acquisition of Accolade for $621 Million

Arax Advisory Partners Acquires Transcend Capital Advisors

July 25, 2026

Financial Services

Arax Advisory Partners has signed a definitive agreement to acquire Transcend Capital Advisors, a multi-state registered investment advisor managing more than $3 billion in assets as of June 30, 2026. The transaction is expected to close in Q3 2026, expanding Arax’s national footprint and adding a firm serving more than 1,000 client relationships.

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.

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.

SXC Health Solutions Acquires HealthTrans for $250M

January 4, 2012

Healthcare Services

SXC Health Solutions Corp. completed the acquisition of HealthTrans LLC, a middle-market pharmacy benefit management (PBM) and healthcare IT services provider, for $250 million in cash effective January 1, 2012. The purchase was funded from SXC’s cash balance and $100 million of borrowings under its revolving credit facility; HealthTrans’ operations will remain in Denver, Colorado.