Labor First, a provider of group retiree Medicare benefit management solutions, today announced that it has completed a recapitalization with Great Hill Partners, a growth-oriented private equity firm. The investment will provide Labor First with the ability to accelerate the buildout of its salesforce, broker channels, new product introductions and continued investment in its member advocacy team and technology that will support the company’s execution of its growth strategy.
Financial terms of the transaction were not disclosed. Read more.