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Announced

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HealthEquity completed the acquisition of Further from Stella Health for $500m.

Synopsis

HealthEquity, an independent health savings account custodian, completed the acquisition of Further, a provider of HSA and consumer-directed benefit administration services, from Stella Health, a family of healthcare companies, for $500m. “By putting HealthEquity’s Total Solution inside of network partner applications and private-label brand environments, Further’s technology will align us more closely than ever before and enable new partnerships to introduce more consumers to HSAs,” Jon Kessler, HealthEquity President and CEO.

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