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New Deal


Announced

HealthEquity to acquire Luum.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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technology platform

hr technology

Majority

Single Bidder

Acquisition

Friendly

Domestic

Pending

United States

Software

Private

Synopsis

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HealthEquity, an independent health savings account custodian, agreed to acquire Luum, a fast-growing technology platform for employee commute management, compliance and sustainability. Financial terms were not disclosed. This acquisition strengthens the HealthEquity commuter offering, delivering a critical toolset HR and facilities professionals need to implement flexible return-to-office and hybrid-workplace strategies. Combining technology and deep integrations with parking providers and IT integrations into HR and Payroll systems, employers can now offer safe, affordable commute alternatives and flexible remote-work benefits.

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