Northlane Capital Partners has made an investment in EBS Inc. d/b/a The Difference Card, a provider of healthcare cost containment services. NCP invested in partnership with The Difference Card’s existing management team, led by CEO Gregg Lehman. Richard Fleder, joined the board of directors in conjunction with NCP’s investment.
“Our partnership with NCP comes at an exciting time for The Difference Card. NCP brings both resources and end market expertise that will help us accelerate our growth initiatives, including adding new client and insurance broker partnerships, expanding geographically, and developing new products,” said Lehman.
Sean Eagle, partner at NCP, noted, “The Difference Card provides a compelling value proposition to companies throughout the U.S. As healthcare costs continue to rise, employers continue to seek ways to save money, while maintaining or improving benefits. The company is well-positioned to continue addressing this need through its unique solution.”
Eugene Krichevsky, partner at NCP, added, “We are very excited to partner with The Difference Card. The team has done a great job building a differentiated offering, and we are committed to supporting its mission of providing cost-effective health insurance benefits to customers and their employee bases.”