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Announced

BenefitMall to acquire Mutual Med.

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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Majority

United States

Friendly

Single Bidder

Acquisition

Pending

insurance company

Domestic

Full Line Insurance

Private

Synopsis

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BenefitMall, a provider of next-generation broker services, agreed to acquire Mutual Med, an insurance company providing aggregation protection and union plans. Financial terms were not disclosed. "Mutual Med's strong reputation and dedication to providing brokers with expert guidance and competitive benefits offerings make it a great addition to BenefitMall. We enthusiastically welcome president and CEO Todd Vershaw, COO and CFO Rob Edel, and the rest of the Mutual Med team as we expand our mission to offer brokers the fastest, easiest, most trusted benefits selling experience," Scott Kirksey, BenefitMall CEO.

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