Houlihan Lokey Advises Sharecare

Houlihan Lokey is pleased to announce that Sharecare has been acquired by Altaris, LLC. The transaction closed on October 22, 2024.

Sharecare, a health tech company that helps improve care quality, drive better outcomes, and lower costs across the healthcare ecosystem, has completed its acquisition by Altaris for a transaction value of more than $500 million.

Through Sharecare’s flexible, data-driven platform and comprehensive solutions—including benefits navigation, evidence-based coaching and digital therapeutics, wellness programs, home care resources, health information management, and more—the company helps people easily and efficiently manage their healthcare and improve their well-being. Across its three business channels, Sharecare enables employers, commercial and government health plans, and managed care organizations, as well as providers and life sciences companies, to drive personalized and value-based care at scale.

Sharecare’s leadership team will continue to be focused on delivering measurable results for customers and driving sustainable growth for the company. Sharecare will maintain its headquarters in Atlanta and continue to operate under its existing brand as a stand-alone company under Altaris’ ownership.

Houlihan Lokey acted as the financial advisor to Sharecare and the special committee of Sharecare’s board of directors.

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