NEW
YORK, SINGAPORE
and MUMBAI, Dec. 20, 2023 /PRNewswire/ -- Everise, a
leading global healthcare services outsourcing company, announced
today the successful completion of
the company's previously announced investment from Warburg Pincus.
Warburg Pincus joins existing investor Brookfield, valuing the company at around
$1 billion, after less than seven
years of operation.
Against the backdrop of a globally ageing population and rising
healthcare expenditure, the need to redefine traditional customer
experiences and interactions with healthcare services is becoming
intensely critical.
From its inception in 2016, Everise has since evolved rapidly
into one of the fastest-growing end-to-end customer experience
solutions providers in the industry. Specialized in healthcare
services outsourcing, the company is headquartered in the U.S.,
with a workforce of 19,000 customer service agents spread out
across eight markets. Today, the company counts six out of the top
10 healthcare insurance payer companies in the U.S. amongst its
clients.
Sudhir Agarwal, Founder and
CEO of Everise, said, "With the support of Warburg Pincus' and
Brookfield's combined expertise
and resources, Everise is pushing ahead with an accelerated growth
trajectory. We plan to move up the healthcare value chain,
extending our end-to-end service experience to more industry
segments, and identifying new markets to grow our global footprint
and workforce. Together with the management team, I am happy to
officially welcome Warburg Pincus as a strong partner in
growth."
About Everise
Founded in 2016, Everise is a global leader transforming
customer service for healthcare, transport, logistics, insurance,
financial services, and tech businesses. The Company solves
problems for the millions of customers of some of the world's
leading brands, by combining the best technology with compassionate
service. With 19,000 champion
agents operating across eight strategic markets
globally, Everise seeks to deliver happiness to customers of
some of the world's best loved brands. Our customer service
solutions are high-performing, secure, and agile, with fluent
proficiency in 32 languages, enabling businesses to scale globally
while achieving top customer satisfaction. Learn more
at www.weareeverise.com.
About Warburg Pincus
Warburg Pincus LLC is a leading global growth investor. Founded
in 1966, Warburg Pincus has raised 21 private equity and 2 real
estate funds, which have invested more than $112 billion in over 1,000 companies in more than
40 countries. The firm has more than $83 billion in assets
under management. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong
Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San
Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit
www.warburgpincus.com. Follow us on LinkedIn.
About Brookfield
Brookfield Asset Management (NYSE: BAM, TSX: BAM) is a
leading global alternative asset manager with over $850
billion of assets under management. We invest client capital
for the long-term with a focus on real assets and essential service
businesses that form the backbone of the global economy. We offer a
range of alternative investment products to investors around the
world — including public and private pension plans, endowments and
foundations, sovereign wealth funds, financial institutions,
insurance companies and private wealth investors.
Brookfield Business Partners (NYSE: BBU; TSX: BBU.UN) is
the flagship listed vehicle of Brookfield's private equity group. It is a
global business services and industrials company focused on owning
and operating high-quality businesses that provide essential
products and services and benefit from a strong competitive
position.
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SOURCE Everise