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Announced

Completed

Health Care Service completed the acquisition of Trustmark Health Benefits from Trustco Holdings.

Synopsis

Health Care Service, a health insurance company, completed the acquisition of Trustmark Health Benefits, an insurance brokerage firm, from Trustco Holdings, a financial services company. Financial terms were not disclosed. "With this transaction, I am confident that, with HCSC, Health Benefits and its associates will be well-positioned for future success. Trustmark will focus on markets where we can grow in the future, deliver differentiated capabilities for our clients and members and lead at a national level. In an evolving work environment, we will accelerate our efforts to become vastly more consequential in the markets we serve by helping employers offer benefits that build engaged, healthy teams," Kevin Slawin, Trustmark President and CEO.

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