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New Deal


Announced

Completed

Ascensus completed the acquisition of UnifyHR.

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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Business Process Outsourcing

employee benefits

Single Bidder

Private

United States

Majority

Friendly

third-party administrator

Domestic

Acquisition

Completed

Synopsis

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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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