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New Deal


Announced

Completed

Vestar Capital Partners and Leadenhall Capital Partners completed a $160m investment in Friday Health Plans.

Financials

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Transaction Value£115m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Cross Border

health insurance

Completed

Full Line Insurance

Minority

Private

Venture Capital

Single Bidder

United States

Acquisition

Friendly

Synopsis

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Investment companies Vestar Capital Partners and Leadenhall Capital Partners completed a $160m investment in Friday Health Plans, a Denver-based health insurance holding company. "This funding will not only allow us to offer health plans to more people, but will also accelerate Friday’s technology innovation. Friday was built specifically for individuals seeking simplicity, practical health benefits, and great service – all at an affordable price. We’re able to offer that through a combination of efficient operational execution and consumer-centric technology," Sal Gentile, Friday Health CEO.

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