Icario Acquires Consumer Engagement and Health Action Platform ChipRewards – M&A

Icario Acquires Consumer Engagement and Health Action Platform ChipRewards – M&A

What You Should Know:

Icario, the healthcare industry’s leading health action company, announced it has acquired ChipRewards, a leading SaaS platform used by health plans and employers to configure and manage consumer engagement programs.

– With this acquisition, Icario will add self-service configurability and management capabilities that empower health plan teams to customize their approaches to engagement.

– The acquisition comes as CVC Capital Partners (“CVC”), a leading global private equity firm, has completed its acquisition of a majority interest in Icario through its CVC Growth Partners II fund. That announcement was first revealed in May.