eHealth, Inc. (NASDAQ: EHTH) (“eHealth” or the “Company”) today announced that an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm, has entered into a binding agreement to make a $225 million investment in the Company by purchasing convertible preferred stock. eHealth, Inc. (NASDAQ: EHTH) operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions.
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Source: https://www.prnewswire.com/news-releases/ehealth-announces-strategic-investment-from-hig-capital-301218125.html