Selectquote closes $350 million strategic investment from bain capital, morgan stanley private credit and newlight partners

Overland park, kan.--(business wire)--selectquote, inc. (nyse: slqt) (the “company”), a leading distributor of medicare insurance policies and owner of a rapidly-growing healthcare services platform, today announced that the company closed and received the proceeds from the $350 million strategic investment on february 28, 2025. the company originally announced a binding agreement on the transaction with funds managed by bain capital, morgan stanley private credit, and newlight partners on febr.
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