Announced
Completed
Financials
Tags
Domestic
United States
Completed
employee benefit solutions
Private Equity
Minority
Private
Single Bidder
Acquisition
Friendly
Insurance Brokers
Synopsis
TA Associates, a private equity firm, completed the investment in The Benecon Group, a developer and manager of self-funded medical benefit programs. Financial terms were not disclosed. “Benecon offers a unique model that allows public and private companies to more efficiently self-fund their employee medical benefit programs by leveraging the actuarial prowess and purchasing power of a national network, effectively lowering healthcare costs for thousands of employer groups and hundreds of thousands of members,” Jason Mironov, TA Associates Director.
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