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New Deal


Announced

Completed

Newlight Partners completed the investment in Zing Health.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Health Care Services

Majority

United States

Acquisition

medicare solutions

health care plans

Private

Single Bidder

Private Equity

Completed

Synopsis

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Newlight Partners, a private investment firm, completed the investment in Zing Health, a physician-led Medicare Advantage HMO plan designed for Medicare-eligible beneficiaries. Financial terms were not disclosed. "Zing Health is a doctor-founded, mission-driven health plan focused on serving vulnerable populations who rely heavily on Medicare. Amid the current Covid-19 pandemic environment, where seniors find themselves most at risk, Zing Health’s mission is more important than ever. We anticipate investing up to $150m and we look forward to partnering with Eric and his experienced team to further the reach of Zing Health at this critical time," Srdjan Vukovic, Newlight Partner.

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