Sheridan Capital Partners invests in Tres Health
What's the deal? Sheridan Capital PartnersDealroom has a profile for this one. Try Dealroom →, a middle-market private equity firm, has completed an investment in Tres Health, a national alternative health insurance technology company. Tres Health provides technology-enabled solutions for the alternative health insurance market, though specific financial terms of the deal were not disclosed.
The signal: Sheridan Capital Partners, classified as an investment fund on Dealroom, is channelling capital into a segment where technology platforms are increasingly mediating between employers and alternative coverage providers. The bet on Tres Health suggests that middle-market PE firms see room to consolidate and scale niche healthtech infrastructure as demand for non-traditional insurance options accelerates.
Read more: Business Wire (via WRAL)