Spectrum Business Ventures Announces Acquisition of SelectQuote Insurance

Spectrum Business Ventures Announces Acquisition of SelectQuote Insurance

SelectQuote is a leading direct-to-consumer term life insurance broker providing consumers with comparison shopping across the insurance industry. SelectQuote writes more than 70,000 term life policies each year.

 

SBV’s CEO, Amit Raizada, invested alongside Haakon Capital, the family investment vehicle of the Grant family whose prior successes include leading LabOne from a market capitalization of $80 million to its sale to Quest Diagnostics for $934 million and leadership of Business Men’s Assurance Company, an insurance company.