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New Deal


Announced

Completed

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

Financials

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Transaction Value£361m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

Software

Acquisition

Friendly

Domestic

technology

Majority

Private

Completed

Synopsis

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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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