Announced
Completed
Financials
Tags
healthcare financing solutions
FinTech
Friendly
Private Equity
Acquisition
Completed
Private
United States
Minority
Single Bidder
financial technology
Domestic
Synopsis
Fortress Investment Group, a highly-diversified global investment manager, completed a $100m investment in Covered Care, a healthcare financing solutions provider. "Covered was founded by seasoned industry veterans who have a proven history of building successful, high-growth businesses serving underserved Americans. We have been impressed with Covered Care’s unique offering and we are very pleased to support their mission of increasing access to affordable credit at a time of urgent demand," Dominick Ruggiero, Fortress Investment Group Managing Director.
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