Announced
Financials
Tags
health insurance
Acquisition
Private
United States
online insurance broker
Single Bidder
Friendly
Private Equity
Pending
Insurance Brokers
Domestic
Minority
Synopsis
HIG Capital, a private equity firm, agreed to acquire a minority stake in eHealth, a health insurance marketplace, for $225m. "Today's announcement is an important validation from a blue-chip investor of our differentiated business model. We are excited to partner with HIG, as we grow scale and market share by helping millions of Americans shop, compare, and manage their health insurance. Today's announcement is an important validation from a blue-chip investor of our differentiated business model. We are excited to partner with HIG, as we grow scale and market share by helping millions of Americans shop, compare, and manage their health insurance," Scott Flanders, eHealth Chief Executive Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.