KKR & Co. Inc. (NYSE:KKR) disclosed the acquisition of SunFireMatrix, Inc. for an undisclosed amount.
SunFireMatrix is a software and tech-enabled services platform serving insurance distribution and health plan markets.
KKR is funding the investment through its Health Care Strategic Growth (HCSG) Fund II, which focuses on investing in high-growth healthcare companies to which KKR can be a unique strategic partner in helping reach scale.
Funds managed by Stone Point Capital LLC, SunFireMatrix’s previous majority owner, will remain a significant minority shareholder.
Ali Satvat, KKR’s Partner ...