Announced
Completed
Financials
Sources
Tags
United States
insurance
Acquisition
Friendly
Private
Online and Social Platforms
Domestic
Single Bidder
technology platform
Completed
Private Equity
Majority
Synopsis
Blackstone-backed Alight Solutions, a provider of next level human capital and business solutions, completed the acquisition of Choice Health Insurance, a technology enabled, data driven platform that assists consumers in choosing the insurance coverage. Financial terms were not disclosed. “With fewer and fewer companies providing retiree health benefits to future retirees, the transition from employer-provided coverage to the complex, open market can be daunting. Alight can now better care for the needs of workers throughout the full course of their careers and through retirement. We are thrilled to add this critical component to our robust suite of healthcare solutions,” Colin Brennan, Alight President of Global Solutions and Services.
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