M&A Deal Summary

GoHealth Acquires e-TeleQuote

On September 4, 2024, GoHealth acquired insurance company e-TeleQuote from Primerica

Acquisition Highlights
  • This is GoHealth’s 2nd transaction in the Insurance sector.
  • This is GoHealth’s 3rd transaction in the United States.
  • This is GoHealth’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-09-04
Target e-TeleQuote
Sector Insurance
Buyer(s) GoHealth
Sellers(s) Primerica
Deal Type Divestiture

Target

e-TeleQuote

Clearwater, Florida, United States
e-TeleQuote operates easyMedicare.com, an independent digital insurance marketplace providing individuals the ability to purchase Medicare insurance from the comfort of their homes. The company diligently researches available plan options from multiple insurance carriers, helping people choose a plan that best suits their needs. It provides personal consultation through experienced licensed Medicare advisors who suggest plan coverage options based on an individual’s particular needs. e-TeleQuote is based in Clearwater, Florida.

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Buyer(S) 1

Buyer

GoHealth

Chicago, Illinois, United States

Category Company
Founded 2001
Sector Insurance
Employees2,530
Revenue 735M USD (2023)
DESCRIPTION

GoHealth is a health insurance marketplace whose mission is to improve access to healthcare in America. The Company's technology platform leverages modern machine-learning algorithms powered by nearly two decades of insurance behavioral data to reimagine the optimal process for helping individuals find the best health insurance plan for their specific needs. GoHealth was founded in 2001 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 3
Sector (Insurance) 2 of 2
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-21 Connected Benefits

Colchester, Vermont, United States

Connected Benefits is an insurance agency built entirely on the cloud, providing individuals, families and small businesses with the tools and support they need when it comes to selecting the right insurance and employee benefit products.

Buy -

Seller(S) 1

SELLER

Primerica

Duluth, Georgia, United States

Category Company
Founded 1927
Sector Insurance
Employees2,849
Revenue 2.8B USD (2023)
DESCRIPTION

Primerica is a distributor of financial products to middle income households in North America. Primerica representatives educate their Main Street clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance. Primerica was founded in 1927 and is based in Duluth, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-19 e-TeleQuote

Clearwater, Florida, United States

e-TeleQuote operates easyMedicare.com, an independent digital insurance marketplace providing individuals the ability to purchase Medicare insurance from the comfort of their homes. The company diligently researches available plan options from multiple insurance carriers, helping people choose a plan that best suits their needs. It provides personal consultation through experienced licensed Medicare advisors who suggest plan coverage options based on an individual’s particular needs. e-TeleQuote is based in Clearwater, Florida.

Buy -