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Transcarent acquires Accolade for $621 million

PRIVATEApr 12, 2025

Acquiring Company

Transcarent

Acquired Company

Accolade

San FranciscoSeattleHealth CareHealthcareHealth CareMedical

Description

Transcarent has successfully completed its acquisition of Accolade for approximately $621 million. The deal received all necessary shareholder and regulatory approvals. Accolade shareholders received $7.03 per share in cash, and the company will no longer trade on the Nasdaq. Transcarent aims to enhance its offerings by integrating Accolade's capabilities.

Quick answer

Transcarent is acquiring Accolade for $621 million, announced April 8, 2025. Transcarent is based in San Francisco, California, United States.

How much did Transcarent pay for Accolade?
The reported deal value is $621 million.
What does Transcarent do?
Transcarent makes it easy for people to access high-quality, affordable health and care.
Where are Transcarent and Accolade based?
Transcarent is based in San Francisco, California, United States. Accolade is based in Seattle, Washington, United States.
Who are the decision-makers at Transcarent?
Fundz holds 1 contact at Transcarent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Transcarent

Location

San Francisco, California, United States

About

Transcarent makes it easy for people to access high-quality, affordable health and care. We are transforming healthcare with WayFinding, a new experience powered by clinicians and generative AI to help people in their moment of their need. Our Members “Just Ask Transcarent” to get trusted, personalized health and benefits information, take the next step for their health, and access on-demand care.

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Frequently asked

Who acquired Accolade?

Accolade was acquired by Transcarent, based in San Francisco. The deal was reported on April 12, 2025. Transcarent makes it easy for people to access high-quality, affordable health and care. Transcarent is privately held and operates in Health Care.

When did Transcarent acquire Accolade?

Transcarent's acquisition of Accolade was reported on April 12, 2025. Transcarent has successfully completed its acquisition of Accolade for approximately $621 million. The deal received all necessary shareholder and regulatory approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Accolade do?

Accolade, Inc. is a Personalized Healthcare company that provides millions of people and their families with exceptional healthcare experiences. It is privately held, operating in Healthcare, and is based in Seattle.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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