During September 2022, VPESO’s Investment Committee approved a $2 million co-investment alongside Next Capital Fund IV (a VPEG3 investee) into Compare Club, one of Australia’s leading personal finance marketplaces, currently offering
comparison and brokerage services across health insurance, life insurance and home loan products.
Originally created in 2017 via the merger of ChooseWell (health insurance sales brokerage business) and Alternative Media (a specialist digital lead generation business), CC has engaged over 3.7 million members over time across its key verticals of health insurance. The business is uniquely positioned in the comparison site marketplace through its data-driven digital marketing and lead generation, and full-service end-to-end conversion and sales capability.
Next Capital are partnering with a high quality management team to organically grow earnings across the business’ three key verticals, explore new channel and product offerings and increase marketing capabilities.
