KKR Invests in SunFireMatrix-March 2024-www.financetom.com

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KKR Invests in SunFireMatrix

Apr 2, 2024 9:40 AM

12:00 PM EDT, 04/02/2024 (MT Newswires) -- KKR (KKR) and SunFireMatrix said Tuesday that funds managed by KKR have acquired SunFireMatrix, a software and tech services platform for the insurance and health plans market.

Financial details were not disclosed.

Stone Point Capital, the previous majority owner of SunFireMatrix, will remain a significant minority shareholder in the company.

KKR is financing this investment via its Health Care Strategic Growth Fund II, the companies said.

Price: 97.32, Change: -2.68, Percent Change: -2.68

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