Announced
Completed
Financials
Sources
Tags
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Single Bidder
United States
financial services
Financial Data and Systems
Acquisition
Domestic
Private
Friendly
Completed
Synopsis
Wex, a global commerce platform, completed the acquisition of health and benefits unit from Ascensus, a provider of employee health benefit accounts with a diversified portfolio of benefit accounts including HSAs, FSAs, and others, for $180m. “The Company expects this acquisition to expand WEX’s current footprint in the Benefits segment, while also enhancing and expanding Affordable Care Act compliance and verification capabilities,” Wex.
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