Integra Partners is a leading, technology-enabled, cost containment platform serving the Durable Medical Equipment, Prosthetics, Orthotics and Supplies (“DMEPOS”) market. The Company provides a broad set of network and benefit management solutions to more than 50 payers across multiple states. Integra serves more than 15 million lives across complex, high-cost patient populations, including managed government programs and commercial health plans. The Company has a national network of provider locations to meet plan members’ diverse DMEPOS needs.
TripleTree was engaged by Integra to evaluate its strategic alternatives and pursue either a majority recapitalization with a financial sponsor or a sale to a strategic acquirer that would recognize the unique value proposition Integra delivers. Integra’s shareholders and management team were looking for a partner that shared the Company’s vision for the future of the business and would help drive the Company’s continued growth.
The Company received tremendous interest from a broad set of financial and strategic buyers that valued the historical performance and future prospects of the business. Tufts Health Plan, an operator of commercial and government-sponsored health plans in Massachusetts and Rhode Island, positioned itself as an early front runner, expressing significant appreciation for Integra’s capabilities and demonstrating a strong interest in leveraging Tufts Health Plan’s resources to support Integra’s growth plan, as well as expand its solutions to meet additional market needs.