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Centerbridge to acquire majority stake in GoHealth

Private investment management firm Centerbridge Partners LP signed an agreement to make a significant investment in GoHealth LLC for undisclosed terms.

The transaction is anticipated to close in the fourth quarter, subject to customary closing conditions. Brandon Cruz and Clint Jones, founders of GoHealth, will still lead the business and retain an ownership stake in the company after the deal closes.

GoHealth offers direct-to-consumer sales, marketing and customer service solutions for health insurance providers.