Advised Europ Assistance Holding S.A.S. on its sale of CareLinx Inc. to Sharecare, Inc.
August 2021
Oppenheimer & Co. Inc. acted as Exclusive Financial Advisor to Europ Assistance Holding S.A.S. on its sale of CareLinx Inc. to Sharecare, Inc. (NASDAQ: SHCR)
On August 11th, Sharecare, Inc. (“Sharecare”) acquired CareLinx Inc. (“CareLinx”), the nation's leading digital on-demand platform of over 450,000 tech-enabled care providers. CareLinx delivers intermittent on-demand personal care services in people's homes, while leveraging mobile technology to facilitate rich data capture, population health analytics, and the enabling of real-time care coordination with remote clinical teams. Sharecare (Nasdaq: SHCR) is a leading digital health company, co-founded by Jeff Arnold, that enables people to connect with doctors, insurance companies and employee benefits providers with an all-in-one app.
CareLinx's key differentiation:
- Three of the largest health plans in the United States and over 1 million Medicare Advantage members have access to CareLinx through their health plans
- Exclusive offering for AARP members and partnership with the VA
- Since launching the new business line, Nurse OnDemand, spurred by Covid-19, CareLinx has more than 275 enterprise clients, adding about 40 new clients per month
Deal team:
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Financial Institutions Investment Banking |
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Leslie Fenton |
Ritendra Roy |
Garrett Branisel |
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