Announced
Completed
Financials
Sources
Tags
Business Process Outsourcing
employee benefits
Single Bidder
Private
United States
Majority
Friendly
third-party administrator
Domestic
Acquisition
Completed
Synopsis
Ascensus, an American financial services company, completed the acquisition of UnifyHR, a third-party administrator that provides employee benefits administration and compliance solutions. Financial terms were not disclosed. "UnifyHR has been highly successful in taking the complexity out of employee benefits administration and compliance obligations. By adding their knowledge and expertise to our Health & Benefits line of business, Ascensus reaffirms our commitment to helping employers satisfy their fiduciary and compliance responsibilities by making employee benefits easier to manage," David Musto, Ascensus President and CEO.
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