Altaris has announced it will acquire Sharecare (NASDAQ: SHCR) for $1.43 in cash per share, or about $518 million.

Sharecare, founded in 2010 and based in Atlanta, is a digital health company that provides technology and services across the healthcare ecosystem through three business channels: enterprise, provider and life sciences.

Altaris, based in New York, seeks control and minority equity investments exclusively in healthcare. Founded in 2002, the firm targets companies within the life sciences/pharmaceutical, provider services and non-reimbursement healthcare industries. Altaris is flexible in its investment sizes.

Following completion of the acquisition, Sharecare will become a privately held company.