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SelectQuote Announces $350 Million Strategic Investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners
Feb 10, 2025•over 1 year ago
Contract Type
partnership
Description
SelectQuote, Inc. announced a $350 million strategic investment from funds managed by Bain Capital, Morgan Stanley Private Credit, and Newlight Partners. The investment will position the company to continue growing its healthcare services business, deepen its relationship with carrier partners, and provide choice and value for consumers.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months