KKR capitalizes on intersection of healthcare and technology with SunFire
The intersection of healthcare and information technology is of rising interest to private equity firms, including KKR . Earlier in April, KKR announced the acquisition of SunFire, a developer of software and services for the Medicare market,?from Stone Point Capital , which retained a significant minority stake.
Founded in 2016, the Carlisle, Massachusetts-based company “combines quality data and smart tools to help brokers, carriers, and providers work more efficiently and effectively,” according to the company’s home page.
KKR made the acquisition through its $4 billion Health Care Strategic Growth (HCSG) Fund II, which closed in January 2022. To find out more, PE Hub reached out to Ali Satvat, partner and head of healthcare strategic growth at KKR, who answered some questions.
Read the full interview here.