2 Acquisitions in the Employee Benefits industry

January 16, 2023

Company acquisitions in the Employee Benefits industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Employee Benefits industry.

Employee Benefit Systems acquired by National Basketball Association

Details about the transaction:

Acquisition amount: $100,000,000

Announcement: 1 February 2000

Details about the company:

EBS is a group of supplemental insurance plans developed to close any gaps left by the programs covered by the Collective Bargaining Agreement.

Headquarter:

Where to find them: Website

Industry: Employee Benefits, Insurance

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Torchlight acquired by LifeSpeak

Details about the transaction:

Acquisition amount: $17,250,000

Announcement: 13 December 2021

Details about the company:

Health plans and SaaS business employee benefits

Headquarter:

Where to find them: Website

Industry: Children, Elderly, Employee Benefits, Health Care, Human Resources, SaaS, Wellness

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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