BBU - Brookfield and Everise Announce the Successful Closure of Investment by Warburg Pincus for the Next Phase of Growth | Benzinga
BROOKFIELD, NEWS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) and Everise, a leading global healthcare services outsourcing company, announced today the successful completion of Everise's previously announced investment from Warburg Pincus. Warburg Pincus joins existing investor Brookfield, valuing the company at around $1 billion, after less than seven years of operation.
Against the backdrop of a globally ageing population and rising healthcare expenditure, the need to redefine traditional customer experiences and interactions with healthcare services is becoming intensely critical.
From its inception in 2016, Everise has since evolved rapidly into one of the fastest-growing end-to-end customer experience solutions providers in the industry. Specialized in healthcare services outsourcing, the company is headquartered in the U.S., with a workforce of 19,000 customer service agents spread out across eight markets. Today, the company counts six out of the top 10 healthcare insurance payer companies in the U.S. amongst its clients.
Sudhir Agarwal, Founder and CEO of Everise, said, "With the support of Warburg Pincus' and Brookfield's combined expertise and resources, Everise is pushing ahead with an accelerated growth trajectory. We plan to move up the healthcare value chain, extending ...