Announced
Synopsis
Shore Capital Partners, a private equity firm, agreed to invest in Point C, a national provider of support to its network third-party administrators of medical benefits and administrative services for self-funded employers. Financial terms were not disclosed. “Over the past five years, Point C has become the fastest growing TPA in our market through our unwavering focus on reducing medical spend for our customers. The entire management team is excited to continue our partnership with Shore Capital, whose resources and support will allow us to further invest in our organization, capitalize on a robust pipeline of acquisition opportunities, and pursue additional cost containment solutions,” Ben Frisch, Point C CEO.
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