M&A Deal Summary

SelectQuote Acquires SelectTech

On September 23, 1999, SelectQuote acquired internet software and services company SelectTech

Acquisition Highlights
  • This is SelectQuote’s 1st transaction in the Internet Software and Services sector.
  • This is SelectQuote’s 1st transaction in the United States.

M&A Deal Summary

Date 1999-09-23
Target SelectTech
Sector Internet Software and Services
Buyer(s) SelectQuote
Deal Type Add-on Acquisition

Target

SelectTech

United States
SelectTech is a provider of internet software and services.

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Buyer(S) 1

Buyer

SelectQuote

Overland Park, Kansas, United States

Category Company
Founded 1985
Sector Insurance
Employees4,292
Revenue 1.3B USD (2024)
DESCRIPTION

SelectQuote is a term life insurance sales company that offers auto and home insurance. The company offers engagement points for consumers across insurance, Medicare, pharmacy, and value-based care, and now has three core business lines: SelectQuote Senior, SelectQuote Healthcare Services, and SelectQuote Life. SelectQuote Healthcare Services is comprised of the SelectRx Pharmacy, a Patient-Centered Pharmacy Home (PCPH) accredited pharmacy, SelectPatient Management, a provider of chronic care management services, and Healthcare Select which proactively connects consumers with a wide breadth of healthcare services supporting their needs. SelectQuote was founded in 1985 and is based in Overland Park, Kansas.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 1999 M&A 1 of 1