Kelso: Vlenz Health Announces Next Phase of Growth With New Capital Partner, Kelso & Company

PHOENIX, Ariz., June 21, 2023 (GLOBE NEWSWIRE) -- Vālenz® Health ("Valenz") announced today a new equity investment from Kelso & Company ("Kelso"), a leading middle market private equity firm with a shared vision for accelerating positive change in the delivery of healthcare for the self-insured industry. Terms of the investment were not disclosed. Valenz has a strong financial foundation secured by its initial investor Great Point Partners and further supported by its new partnership with Kelso. Valenz is exceptionally well positioned to continue its legacy as a disruptor in the healthcare ecosystem, bringing greater value to TPAs, providers, carriers, brokers, self-insured employers, and their members. "We are excited to align with a capital partner who believes as intensely as we do in challenging the status quo of healthcare," said Rob Gelb, Chief Executive Officer of Valenz. "Kelso instantly recognized the power of the Valenz Healthcare Ecosystem Optimization Platform and shares our commitment to ensuring deep data transparency across our transformative models of cost control, access, and member advocacy." The partnership with Kelso ensures a healthy future for ...Full story available on Benzinga.com