SelectQuote, Inc. secured a $350 million strategic investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners to enhance its healthcare services business.
SelectQuote, Inc. secured a $350 million strategic investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners to enhance its healthcare services business.
02/10/25, 9:18 PM
Location
overland parkMoney raised
$350 million
Industry
insurance
health care
Investors
Newlight Partners, Morgan Stanley Private Credit, Bain Capital
SelectQuote, Inc. announced a $350 million strategic investment to grow its healthcare services platform and improve its capital structure. The investment will enable the company to recapitalize its balance sheet and lower its annual cash debt service.
Company Info
Location
overland park, kansas, united states
Additional Info
SelectQuote, Inc. is a leading distributor of Medicare insurance policies, founded in 1985. The company offers unbiased comparisons from multiple, highly-rated insurance companies, helping consumers choose suitable policies. Their services include SelectQuote Senior, SelectQuote Healthcare Services, SelectQuote Life, and SelectQuote Auto and Home, supported by a strong team of trained agents and proprietary technology. SelectQuote aims to protect consumers' valuable assets, including their families, health, and property.