SelectQuote Announces $350 Million Strategic Investment from Bain Capital, Morgan Stanley Private Credit and Newlight Partners
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SelectQuote, Inc. (NYSE: SLQT) has secured a $350 million strategic investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners. This investment aims to support the growth of SelectQuote's healthcare services business.
February 10, 2025 | 9:30 pm
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SelectQuote has received a $350 million investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners, which will support the growth of its healthcare services business.
The $350 million investment from prominent firms like Bain Capital and Morgan Stanley Private Credit is a significant boost for SelectQuote. It indicates confidence in the company's growth potential, particularly in its healthcare services segment. This strategic investment is likely to positively impact SLQT's stock price in the short term as it positions the company for expansion and strengthens its market position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100