Announced
Completed
Synopsis
Businessolver, a company in SaaS-based benefits technology and services, completed the acquisition of Workterra, a fully configurable, easy-to-use benefits administration and enrollment platform, from CareerBuilder, an operator of employment website. Financial terms were not disclosed. “From day one, our mission with Businessolver has been to grow our business and delight our clients, and we are excited to extend that mission to Workterra and its customer base. With this acquisition, we are committed to delivering industry-leading innovation and benefits expertise to the service and product delivery for Workterra, bringing a renewed growth path to the technology and the people who support it. Additionally, we are excited for what will be accomplished by bringing together two organizations with a commitment to driving a thoughtful and empathetic culture in all we do,” Jon Shanahan, Businessolver CEO and President.
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