Gauge Capital completed the investment in Lucent Health.

Gauge Capital, a private equity firm, completed the investment in Lucent Health, a third-party administrator and cost-containment solution provider to self-insured employers. Financial terms were not disclosed. “We founded Lucent with a customer-focused mission of relentlessly pursuing lower healthcare costs for our customers and an improved experience for their employees. We’re proud of the success we’ve had achieving this mission and eagerly anticipate leveraging the resources and support offered by Gauge to accelerate our growth. The Gauge team understands Lucent's vision for the future and embraces our commitment to delighting our customers by providing innovative, data-driven solutions that address both the costs and complexities of the healthcare system," Brett Rodewald, Lucent Health CEO.