Overview

• SelectQuote announced a $350 million strategic investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners.
• The funding will help recapitalize the company's balance sheet, reduce annual debt servicing costs, and provide liquidity for growth initiatives.
• SelectQuote renegotiated its Senior Secured Credit Facility, securing a lower interest rate to further optimize its capital structure.
• The company reported strong fiscal Q2 earnings, with a 19% year-over-year revenue increase to $481.1 million and adjusted EPS of $0.30, surpassing analyst expectations.
• SelectQuote raised its fiscal 2025 revenue guidance to $1.5–$1.575 billion, reflecting confidence in its expanding healthcare services segment and strategic partnerships.