Norwest Firms Up Health Industry Foothold With 2 Buys

Law360, New York (June 13, 2012, 5:52 PM EDT) -- Minneapolis middle-market investment firm Norwest Equity Partners LLC has beefed up its health industry interests by sinking $50 million into Chicago-based tech company GoHealth and overtaking ownership of specialty kidney care provider Pentec Holdings Inc., the firm said Tuesday.

Both deals give Norwest a chance to crack into companies that are leaders in their respective sectors, the firm said.

GoHealth's flagship website, GoHealthInsurance.com, links health insurance shoppers to quotes from multiple carriers, streamlining the insurance-seeking process. The quote-generating engine is now used by more than 10,000...
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