Centerbridge Partners, L.P. (“Centerbridge”), a main multi-methodology private venture firm, today declared that it has gone into a conclusive consent to make a noteworthy interest in GoHealth, LLC (“GoHealth” or the “Organization”), a main supplier of direct-to-buyer deals, promoting and client administration answers for medical coverage suppliers. The exchange is relied upon to shut in the final quarter of 2019, subject to standard shutting conditions.
Utilizing broadened dissemination channels, GoHealth productively interfaces buyers with protection bearers in the Medicare, Individual and Family, and Small Group markets. Its online stage, upgraded by prospect age ability, exclusive calculations, business investigation, and profound innovation incorporations, empowers bearers to both lower their promoting spend and improve client procurement and maintenance. As one of the main suppliers of Medicare Advantage items in the direct-to-buyer channel, GoHealth is in a perfect world situated at the convergence of a few great market patterns. The Company was established in 2001 by Brandon Cruz and Clint Jones, who will keep on driving the business and hold a proprietorship stake in the Company following the culmination of the exchange.
“GoHealth is a profoundly separated industry-pioneer working in quickly extending markets with a showed reputation of effectively entering new market portions and driving predictable development,” said Jeremy Gelber, Senior Managing Director at Centerbridge. “In crossing over any barrier among customers and protection bearers, the Company gives an imaginative and profoundly adaptable support of its expansive system of human services connections. GoHealth will be a convincing expansion to our speculation portfolio, and we anticipate working with its reality class group, driven by its cultivated fellow benefactors, in the Company’s next period of development.”
Clint Jones, Co-Founder and CEO of GoHealth, stated, “In the two decades since they are establishing, GoHealth has been focused on making medical coverage available, reasonable, and customized for people the nation over. Centerbridge’s huge venture, and broad ability in the human services and money related administrations divisions, will position GoHealth to improve its accounting report, further put resources into innovation and development, and extend advertise entrance to help our clients and the customers they serve.”